Fiscal Deficit
Fiscal Deficit is a Economy concept from the MPSC syllabus, tested in 4 past MPSC questions (2016, 2018). Below are those real questions with their correct answers and explanations.
📅 Today's Daily Challenge
Five fresh MPSC questions, the same for everyone today — free, no signup.
Asked in
Real questions that test this
पुढील दोन विधानांपैकी कोणते योग्य आहे ? अ. उपदाने ही उपचार म्हणून स्टेरॉइड्स सारखी असतात. ब. स्टेरॉइड्स टिकून राहणारा इलाज श्वासित करतात. Which of the following two statements is/are correct ? a. Subsidies are akin to steroids as prescriptions. b. Steroids promise enduring cure.
(a)उपदाने ही उपचार म्हणून स्टेरॉइड्स सारखी असतात. / Subsidies are akin to steroids as prescriptions.
(b)स्टेरॉइड्स टिकून राहणारा इलाज श्वासित करतात. / Steroids promise enduring cure.
Subsidies act like steroids because they provide immediate economic relief or stimulus, but over-reliance can create dependency and distortions, similar to how steroids work in medicine.
किंमतवाढीस कारणीभूत असणारा पुढीलपैकी कोणता घटक पुरवठाजन्य नाही ? Which of the following is/are not the supply-side factor/s responsible for inflation ?
(a)निर्यातवाढ / Increase in export
(b)साठा / Store
(c)पतनिर्मितीत वाढ / Increase in credit creation
(d)दुष्काळ / Famine
Credit creation (पतनिर्मितीस वाढ) is a demand-side or monetary factor influencing inflation, whereas export growth, stockpiling, and droughts are supply-side factors.
1991 च्या आर्थिक अरिष्टाची कोणती लक्षणे होती ? Economic crisis of 1991 was characterised by
(a)परकीय चलन गंगाजळीत घट / Reduced foreign exchange reserves
(b)भारतीय विदेशी कर्जास आंतरराष्ट्रीय धनकॉकडून फेरमंजूरी / Rolling over of Indian foreign debt by international creditors
(c)राजकोषीय तुटीतील वाढ / Increase in fiscal deficit
(d)साठ्यातून सुवर्णविक्री / Sale of gold from reserves
The 1991 economic crisis was triggered by severely depleted foreign exchange reserves, high fiscal deficit, and emergency measures like selling gold reserves. Rolling over of foreign debt by international creditors was a containment measure or part of the IMF negotiation context rather than a direct structural symptom of the crisis itself in standard textbook phrasing, or specifically points to a, c, and d.
पुढीलपैकी कोणता घटक दारिद्र्यनिर्मितीस कारणीभूत नाही ? Which of the following factors are not responsible for poverty ?
(a)भाववाढ / Inflation
(b)शासकीय खर्चात वाढ / Increase in Government expenditure
(c)तुटीचा अर्थभरणा / Deficit Financing
(d)अल्प बचती व भांडवलनिर्मिती / Short savings and Capital formation
Increase in government expenditure and deficit financing do not directly cause poverty; rather, inflation, low savings, and capital formation are drivers of poverty.