Basic concepts Fiscal Policy It is what a Government does to influence the course of an economy through decisions on taxes and spending. Monetary Policy It is what a central bank does to influence the course of an economy through decisions on money supply and interest rate. Fiscal Consolidation The term refers to the things a Government does to maintain good fiscal health — cut debt and wasteful expenditure and improve revenue opportunities. Current Account Deficit It is a trade measure that shows the value of a country’s imports of goods and services to be higher than the value of its exports. Fiscal Responsibility and Budget Management Act The Act is an attempt to make the Government adhere to a phased plan to reduce fiscal deficit, which denotes an excess of expenditure over revenue. Disinvestment Receipts The term refers to the money raised by the Government through disinvestment, or the sale of its equity stake in companies it owns. Wholesale Price Ind...
Directions : Study the information carefully and answer the questions below Five friends pawan, qureshi, rajan,sultan and tango are musician,architect,doctor,engineer and artist by profession and like white,blue,red,yellow and green colour but not necessarily in the same order.Their hobbies are net surfing,gardening,reading,painting and dancing but not necessarily in the same order. The person whose hobby is dancing preferred lemondae to cola while others preferred cola to lemondae in beverages. The four friends who took cola were pawan,the one who is an engineer,the person whose favourite colour is green and the one whose hobby is netsurfing. Sultan did not take lemondae and his favourite colour is white. Qureshi's favourite colour is blue.He did not like lemondae. Tango's hobby is not painting,reading or gardening. Sultan clicks picture of his friend who's an engineer. The person whose favourite colour is red likes painting and the person who's a...
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