Question
Consider the following statements regarding ‘Fiscal Consolidation’ policy:
Select the correct answer using the code given below:
- It is an effort by the government to bring down the fiscal deficit
- It is an effort to reduce public debt
- It is an effort to reduce the current account deficit
- It is an effort to raise revenues and bring down wasteful expenses
Select the correct answer using the code given below:
Answer: Option A
Answer: (a)
Fiscal Consolidation policy is an effort by the Government to bring down the fiscal deficit.
It is an effort to reduce public debt, raise revenues and bring down wasteful expenses.
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Answer: (a)
Fiscal Consolidation policy is an effort by the Government to bring down the fiscal deficit.
It is an effort to reduce public debt, raise revenues and bring down wasteful expenses.
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