Bissoy.com
Doctors Medicines MCQs Q&A

  1. 1 and 3 only
  2. 2 and 3 only
  3. 1 only
  4. 1, 2, 3 and 4
5 views

1 Answers

Option 1 : 1 and 3 only

The correct answer is 1 and 3 only.

  • Reason- A budget deficit occurs when government spending is more than its revenues. 
  • Reducing revenue expenditure and Rationalizing subsidies will reduce the deficit. Hence statement 1 and 3 are correct
  • The increase of taxes is also a way to reduce the deficit i.e higher taxes increase revenue and help to reduce the budget deficit.
  • Introducing new welfare schemes will further enhance the budget deficit. Hence statement 2 is wrong
  • Expanding industries will also increase the budget deficit as in the short run, it will not add anything to the tax revenues of the government, and thus will increase the budget deficit. Hence statement 4 is wrong
5 views

Related Questions

In the question below, a statement and three assumptions numbered I, II and III are given. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: Online grocery firm Grofers today said it is entering the FMCG segment and is targeting an overall revenue of Rs 2,500 crore by FY19. Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50 per cent contribution from its private brands. The company has launched seven new brands under two categories Budget and Popular G-Brands.  Assumptions: I. With this, Grofers private labels expands to 250 food and non-food products for its consumers. With this significant business expansion, Grofers aims to drive the next wave of growth for e-commerce sector by bringing the next 100 million customers to its platform. II. This vertical expansion is key to drive Grofers next phase of growth in India. In the last five years, we have received an overwhelming response from our customers. III. Through many industry-first initiatives, Grofers has been instrumental in bringing new customers to the e-commerce fold with increase of its customer base. ?
1 Answers 5 Views
In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.?
1 Answers 4 Views
Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. After a Pay Commission bonanza of 2% hike in dearness allowance in March, central government employees and pensioners can expect another round of salary increase with the government set to modify the index and base year for calculating dearness allowance.  II. The labour ministry is working on a new series of consumer price index for industrial workers (CPI-IW), which is used to determine dearness allowance (DA).  Conclusions: I. DA is a cost of living adjustment allowance paid to government employees, public sector employees and pensioners in the country. It is calculated as a percentage of an employee’s basic salary to mitigate the impact of inflation on people.  II. Since theindex is used to determine dearness allowance of all government employees and industrial workers there may be significant financial implication. III. The trend so far is that the weightage of transport, healthcare and housing has gone up many fold in the new series in the monthly expenditure of an industrial worker, especially consumption of petrol and diesel with the addition of cars to it, while there is decline in overall food basket which is being diversified.?
1 Answers 5 Views
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The rupee may slump to a new low this year amid global policy uncertainties while domestic interest rates will remain elevated, raising borrowing costs, according to an ET poll of 20 market participants. Nearly three-fourths of the respondents believe the local unit could touch 69 to the dollar with some even pointing to 70 by December-end. The rupee is one of the worst-performing emerging market currencies this year, having lost about 6.7 per cent to the greenback to close at 68.13 on Monday. Courses of action: I. Indian corporates may borrow less ahead of elections with the likely benchmark rate at 8 per cent or more. Half the poll participants were of the opinion that the benchmark yield will either hover around that level or rise further. II. External factors coupled with domestic macro measures like weak current account deficit or fiscal deficit are likely to impact the rupee. The US Fed seems to be on course to raise rates.  III. Upcoming elections trigger a bit of policy uncertainty. A cocktail of factors including dollar strengthening, foreign fund outflows, general emerging market weakness and oil would continue to weigh on the rupee.?
1 Answers 4 Views
In making decisions about important questions, it is desirable to be able to distinguish between strong and weak arguments. Strong arguments are those, which are both important and directly related to the question. Weak arguments are those, which are of minor importance and also may not be directly related to the question or may be related to a trivial aspect of the question. The questions below are followed by two arguments each numbered I and II. You have to decide which of the two arguments is the strong argument and which is the weak argument. Statement: Should the Indian Government withdraw the subsidies on LPG cylinders considering a portion of the population can afford to buy unsubsidised cylinders Arguments: Yes. Subsidising cylinders leads to its misuse. By not giving subsidies on cylinders, the Government can save a part of its income and spend it on other more productive uses. No. Withdrawing subsidies on cylinders would make them too expensive for the poor and the middle class income groups and they would eventually turn to unsustainable means for household uses leading to pollution and ill health.?
1 Answers 5 Views
In the question below, a statement followed by two courses of actions numbered I and II are given. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The number of cases of sexual harassment against women has increased in the workplaces. Courses of action: I. More strict rules regarding the safety of women must be made like they must be provided with cab services, especially for night shifts employees. II. Regular meeting with the women employees to ensure the treatment of male employees towards them and strict actions must be taken against anyone found guilty.?
1 Answers 4 Views