This question tests factual knowledge about government schemes and budgetary allocations, specifically related to housing initiatives.
How much amount has been allocated to PM Awas Yojna in the Union Budget 2022-23 ?
Asked in UPPSC ACF RFO gs 2 2021 · Topic: Fiscal Policy & Revenue (Government Budgeting: Structure, types, and implications)
More Economic Development questions
- Which of the following is NOT a component of the capital budget receipts of Central Government ?
- Consider the following statements: An additional spending by the Government of ₹ X is likely to have less impact on income than an additional transfer of ₹ X to households. An additional spending by the Government of ₹ X is likely to have less impact on income if it is not accompanied by an expansion in money supply. Which of the statements given above is/are correct ?
- Which of the following redistributive policy/policies the government will not adopt if it wants to bridge ‘economic inequality’? 1. Rationalizing subsidies 2. Progressive tax policies 3. Regressive expenditures.
- In the context of inflation in India, consider the following : Rising administered prices Rising oil prices Pressure of growing population Increase in indirect taxation. In which of the above factors, Indian Government is responsible for inflationary tendencies ?
- Rising administered prices Prices of certain goods and services (like MSPs, fuel prices, utility tariffs) are set or influenced by the government. Increases in these directly contribute to inflation. 2. Rising oil prices While international oil prices are external, the domestic price of fuel is significantly impacted by government taxes (excise duties, VAT), which are direct policy decisions affecting inflation. 3. Pressure of growing population While population growth itself is a demographic factor, the government's ability to manage the resulting increase in demand through appropriate supply-side measures, infrastructure development, and fiscal/monetary policies determines whether this pressure translates into significant inflation. The government is responsible for managing the economy to mitigate inflationary pressures from such factors. 4. Increase in indirect taxation Taxes on goods and services (like GST, excise duties, customs duties) directly increase the cost of production or the price paid by consumers, leading to cost-push inflation. This is a direct government policy decision. 160. Robinhood effect is related to which of the following ?
- Which of the following measures would contribute to inflation more ?
- According to Nobel Laureate Abhijit Banerjee (Economist), what is the only solution to overcome the economic pain in the short run in the wake of Covid-induced economic crisis?
- Consider the following statement : Statement-I: Price policy aims at controlling fiscal deficit. Statement-II: Fiscal deficit leads to inflationary pressure. Which is correct answer?