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In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: The latter is the total debt accumulated over years of deficit spending. B: A fiscal deficit is a shortfall in a government's income compared with its spending.  C: A fiscal deficit is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income.  D: A fiscal deficit is different from fiscal debt.
Consider the following statements in the context of Indian Public Finance: 1. The fiscal deficit is the excess of total budget expenditure over total budget receipts including borrowings during a fiscal year 2. The upward trend in the ratio of Fiscal deficit to GDP has an adverse effect on private investment. Which of the statements given above is/are correct?
Consider the following statements about the GDP Deflator. 1. GDP deflator is the ratio of nominal GDP to real GDP. 2. GDP deflator indicates the change in the price level between the base year and the current year. 3. While calculating GDP deflator, the volume of production is considered as fixed. Which of statements given above is/are correct?
Nine individuals - Z, Y, X, W, V, U, T, S and R - are the only candidates, who can serve on three committees-K1, K2 and K3, and each candidate should serve on exactly one of the committees. Committee K1 should consist of exactly one member more than committee K2. It is possible that there are no members in committee K3. Among Z, Y and X none can serve on committee 10. Among W, V and U none can serve on committee K2. Among T, S and R none can serve on committee K3. In case committee K2 is served by T and Z only, how many of the nine individuals should serve on committee K3?  Of the nine individuals, the largest number that can serve together on committee K3 is:
Identify the following statements and reason– Statement (A): Fiscal deficit is higher than budget deficit. Reason (R): Fiscal deficit means that government is meeting its expenses by borrowing from Reserve Bank of India and other lenders of the government. Code:
Consider the following statements: 1. Fiscal deficit shows the net borrowing of the government. 2. Revenue deficit is not a part of the fiscal deficit. Which of the above statements are correct:
In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017?
In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?
Consider the following statements: 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?
Nine individuals - Z, Y, X, W, V, U, T, S and R - are the only candidates, who can serve on three committees-K1, K2 and K3, and each candidate should serve on exactly one of the committees. Committee K1 should consist of exactly one member more than committee K2. It is possible that there are no members in committee K3. Among Z, Y and X none can serve on committee 10. Among W, V and U none can serve on committee K2. Among T, S and R none can serve on committee K3. In case committee K2 is served by T and Z only, how many of the nine individuals should serve on committee K3?