Fiscal consolidation entails strengthening government finances, aiming to reduce annual borrowings and historical cumulative public debt.
Edukemy Team
Fiscal Responsibility and Budget Management (FRBM) Act – UPSC Economy Notes
The Fiscal Responsibility and Budget Management (FRBM) Act stands as a cornerstone of fiscal policy in many countries, aimed at ensuring prudent financial management
Q60.With reference to the role of UN-Habitat in the United Nations program working towards a better urban future, which of the statements is/are correct?
During periods of economic downturn or crisis, fiscal stimulus becomes a crucial tool for governments to boost economic activity.
Deficits and deficit financing represent fundamental concepts in economics and government finance, playing significant roles in shaping fiscal policies
Capital receipts and capital expenditures are fundamental concepts in finance and accounting, essential for understanding the financial health and strategy of an organization
Revenue receipt and revenue expenditure are fundamental concepts in the realm of finance and economics, crucial for understanding the financial health and operational dynamics of any entity,
Fiscal policy refers to the part of government policy focused on raising revenue through various means, such as taxation, and determining
Q58. Considered the following statements:
In India, the Himalayas are spread over five States only.
Western Ghats are spread over five States only.
“Atma Nirbhar: A Path to Self-Reliance” encapsulates a transformative journey towards economic autonomy and self-sufficiency.