Fiscal Policy
Fiscal Policy is a Economy concept from the MPSC syllabus, tested in 5 past MPSC questions across 4 exam years between 2020 and 2024. Below are those real questions with their correct answers and explanations.
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Real questions that test this
धोरण निश्चितीत खालीलपैकी कोणी कठीण वेळ आणली आहे ? Which of the following have created challenging times for policy-making ?
Complex macroeconomic shocks, global uncertainties, structural bottlenecks, and fiscal deficits create challenging environments for economic policy-making.
बाराव्या पंचवार्षिक योजनेच्या उद्दिष्टांमध्ये किंमत वाढीचा दर किती टक्के स्थिर ठेवणे आवश्यक होते ? / What percentage of the rate of price increase was required to be kept as per the objectives of the 12th Five Year Plan ?
The 12th Five Year Plan (2012-2017) aimed at faster, sustainable, and more inclusive growth, specifying a targeted range for keeping the price rise (inflation) rate controlled between 4.5% to 5.0%.
महाराष्ट्र शासनाने _________ या वर्षापासून लिंगभाव आधारित अर्थसंकल्प पद्धत स्वीकारली.
The Government of Maharashtra formally adopted Gender-Responsive Budgeting (GRB) in the state budget starting from the year 2013 to ensure equitable resource allocation for women.
जुलै 1991 पासून अर्थव्यवस्थेतील पुरवठा बाजू सुधारण्यासाठी व्यापक उदारीकरणाचे उपाय लागू केले जात आहेत. यातील अधिक महत्त्वाचे आहेत : Since July 1991, comprehensive liberalization measures have been undertaken to improve the supply side of the economy. Among these the more important are :
(a)अ. व्यापार आणि भांडवल प्रवाह सुधारणा / a. Trade and capital flows reforms
(b)ब. औद्योगिक विनियंत्रण / b. Industrial deregulation
(c)क. निर्गुंतवणूक आणि सार्वजनिक उद्योग सुधारणा / c. Disinvestment and Public Enterprises Reforms
(d)ड. वित्तीय क्षेत्र सुधारणा / d. Financial sector reforms
The 1991 economic reforms introduced structural and stabilization measures including trade and capital flows reforms, industrial deregulation, disinvestment, public enterprise reforms, and financial sector reforms to boost the supply side.
जोड्या लावा : गट - अ ( आर्थिक सुधारणा ) (a) विमुद्रीकरण (b) नवा बेनामी कायदा (c) दिवाळखोरी कायदा (d) आधार कायदा Match the following : Group - A (Economic Reforms) (a) Demonetisation (b) New Benami Law (c) Bankruptcy Law (d) Aadhar Act गट - ब ( उद्दिष्ट्ये ) (i) काळ्या पैशाचे नियंत्रण (ii) खोटे चलन निष्कासित करणे (iii) अनुदानांचे तकार्थीघटीकरण (iv) व्यवसाय सरळतेस प्रवर्तिंत करणे Group - B (Objectives) (i) Checking black money (ii) Removing fake currency (iii) Rationalising subsidies (iv) Promoting ease of doing business
(a)विमुद्रीकरण / Demonetisation
(b)नवा बेनामी कायदा / New Benami Law
(c)दिवाळखोरी कायदा / Bankruptcy Law
(d)आधार कायदा / Aadhar Act
Demonetization aimed to remove fake currency (ii), the New Benami Law checks black money (i), the Bankruptcy Law promotes ease of doing business (iv), and the Aadhar Act helps in rationalizing subsidies (iii). Thus, matching (a)-(ii), (b)-(i), (c)-(iv), (d)-(iii) forms option 2.