GS3 · Practice questions
Fiscal Policy and Budgeting
23 questions match. Years are the CSE year of the toppers who answered.
All 45 themesFewer themes
What do you understand by Windfall tax? Do you think that windfall taxes can effectively redistribute wealth and promote greater economic equality?
10 marks · 150 words · Answered by 13 toppers · CSE 2022–2025
TaxationFiscal Policy and Budgeting
To what extent was the first National Monetization Pipeline (NMP) able to meet its objectives? What are the objectives of the new Asset Monetization Plan 2025–30 as announced in the recent 2025 Budget?
10 marks · 150 words · Answered by 11 toppers · CSE 2023–2025
InfrastructureInvestment Models
The Reserve Bank of India’s surplus transfers offer the government much-needed fiscal space, yet they are not without challenges. Critically examine the implications of the RBI’s surplus transfers to the government.
10 marks · 150 words · Answered by 11 toppers · CSE 2023–2025
Fiscal Policy and BudgetingMonetary Policy
Highlighting the factors contributing to high fiscal deficit in India, discuss the potential consequences of such deficit and suggest measures to ensure fiscal consolidation.
10 marks · 150 words · Answered by 9 toppers · CSE 2022–2025
Fiscal Policy and BudgetingMacroeconomic Indicators
It has been pointed out that competitive politics to fund mostly non-merit subsidies is pushing a few states in India to the brink of a deep fiscal crisis. In this context, discuss the need to rationalise the subsidy regime in India.
10 marks · 150 words · Answered by 5 toppers · CSE 2022–2025
Fiscal Policy and BudgetingSubsidies and MSP
Fiscal policy can be a key tool to reduce income inequality as well as make the poorest and the downtrodden a part of the country's growth story. Discuss in the context of India.
10 marks · 150 words · Answered by 5 toppers · CSE 2022–2025
Fiscal Policy and BudgetingInclusive Growth
Do you agree that the agriculture sector in India needs a separate budget for its transformation? Substantiate.
10 marks · 150 words · Answered by 4 toppers · CSE 2024–2025
Fiscal Policy and BudgetingPlanning and Resource Mobilisation
A shift from fiscal deficit targeting to debt-to-GDP ratio as the fiscal anchor signals a more holistic approach to fiscal discipline. Do you agree? Give reasons in support of your arguments.
15 marks · 250 words · Answered by 3 toppers · CSE 2024–2025
Fiscal Policy and BudgetingMacroeconomic Indicators
What do you mean by off-budget borrowings? Discuss the various issues associated with them.
10 marks · 150 words · Answered by 3 toppers · CSE 2024–2025
Fiscal Policy and BudgetingPlanning and Resource Mobilisation
Comment on the important changes with respect to the Long-Term Capital Gains (LTCG) and Securities Transaction Tax (STT) in the Union Budget 2024-25. Evaluate the impact of such changes on India's savings and investment regime.
10 marks · 150 words · Answered by 3 toppers · CSE 2023–2025
Fiscal Policy and BudgetingTaxation
While tariff rationalization aims to enhance economic efficiency, it may also pose challenges to certain sectors. Critically assess the potential trade-offs involved in the Union Budget 2025-26's approach to tariff reforms.
15 marks · 250 words · Answered by 3 toppers · CSE 2024–2025
Fiscal Policy and BudgetingTrade and Foreign Investment
In light of recent Budget 2025 allocations and the push for green infrastructure, analyze how Viability Gap Funding can be leveraged to promote renewable energy projects.
10 marks · 150 words · Answered by 3 toppers · CSE 2024–2025
Investment ModelsEnergy
Fiscal policy of a country is often called the most important tool to promote growth and equity. Explain. Q.3. India's reliance on import of edible oils remains a persistent challenge. What are the key factors and what measures have been taken to address this?
Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingInclusive Growth
The introduction of Goods and Services Tax (GST) was hailed as a transformative fiscal reform; however, the journey of GST has been a mixed bag of successes and challenges. Analyse.
15 marks · 250 words · Answered by 1 topper · CSE 2024
TaxationFiscal Policy and Budgeting
Highlighting the factors contributing to a high fiscal deficit in India, discuss the potential consequences of such deficit and suggest measures to ensure fiscal consolidation.
10 marks · 150 words · Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingMacroeconomic Indicators
What is the status of India's fiscal deficit? Discuss the factors responsible for it, its potential consequences, and suggest measures for fiscal consolidation. Also, examine the potential of capital investment in the Indian economy and the challenges faced in this regard.
Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingMacroeconomic Indicators
Explain the concept of Outcome budgeting and discuss how it can be implemented effectively in India.
10 marks · 150 words · Answered by 1 topper · CSE 2024
Fiscal Policy and Budgeting
What sets fiscal policy apart from monetary policy, and how do they influence the economy differently? Briefly elaborate on the tools that the RBI and the government employ to manage them.
10 marks · 150 words · Answered by 1 topper · CSE 2024
Macroeconomic IndicatorsFiscal Policy and Budgeting
Identify the factors behind the high central and state fiscal deficit in India in recent times. Discuss its ramifications, and propose remedial measures.
15 marks · 250 words · Answered by 1 topper · CSE 2024
Fiscal Policy and Budgeting
The Indian economy and major world economies like USA, UK experienced a slowdown in growth in recent times. This slowdown, however, was momentary for Indian economy (GDP growth 7-8%) and unlike other Western economies. I agree with the assertion 'Indian economy remains insulated from recessionary trends' for the following reasons - Q2. The WTO was created in 1995 as a successor to GATT with aim of expanding free trade between developed and developing countries. Yet, its functioning has been marred with disputes between countries.
Answered by 1 topper · CSE 2024
Macroeconomic IndicatorsTrade and Foreign Investment
Gender-responsive budgeting though it began as a promising fiscal innovation in India has not translated effectively into policies that impact on women. Examine.
10 marks · 150 words · Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingInclusive Growth
In the FY 2023 the GOI reported a fiscal deficit of 5.9%. This highlights the increasing trend towards high fiscal deficits.
Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingMacroeconomic Indicators
What is a windfall tax? Discuss its importance. Also, suggest other measures to promote wealth redistribution and greater economic equality.
Answered by 1 topper · CSE 2024
TaxationInclusive Growth