Welcome to your Sarat Chandra IAS 30th June Quiz
The Economic survey is prepared by
Consider the following statements: 1. The debt-to-GDP ratio reliably indicates that country’s ability to pay back its debts. 2. The ratio can also be interpreted as the number of years needed to pay back debt Which of the statements given above is/are correct?
The financial consequences for an employed person when increasing his/her work effort and thus his/her wages is
“an economic theory arguing that rising public sector spending drives down or even eliminates private sector spending” is
Consider the following statements 1. Outcome of Pro cyclical fiscal policy is it Softens the recession and moderates the expansions, thereby decreasing fluctuations in the business cycle. 2. Outcome of counter cyclical fiscal policy is it Deepens recessions and amplifies expansions, thereby increasing fluctuations in the business cycles. Which of the statements given above is/are correct?