Direction.
DIRECTIONS (Qs. 101-105) : Read the following passage carefully and answer the questions given below it.
The finance ministry on Monday said the Union budget would be growth-oriented, implicitly signaling that it will address the investment crisis in the Indian economy. Given the fiscal constraints and other parameters under which the government has to function, the effort of the government is to present a budget which is growthoriented, that maintains the momentum of growth and tries to develop on it, economic affairs secretary Shaktikanta Das said in an interview with DD News uploaded on YouTube on Monday.
According to Das, the budget will also detail new measures to support ongoing programmes such as Start-up India, Standup India, Make In India, Digital India and the Skill mission all of which have a strong focus on creating jobs. Finance minister ArunJaitley will be presenting his third budget on 29 February at a time when private investment has dried up and the exchequer has had to incur higher expenditure due to implementation of the One Rank One Pension scheme for the armed forces and the recommendations of the Seventh Pay Commission. That may cramp the governments ability to accelerate public investment to revive economic growth while sticking within the confines of its fiscal deficit targets. Some parts of the government believe that the emphasis should be on growth and not fiscal consolidation. Other parts, and the Reserve Bank of India, believe the finance minister should adhere to his fiscal commitments made in the last budget.
Without revealing whether the government will digress from the path of fiscal consolidation, Das said the governments priority is to take a balanced view on the expenditure requirement to keep our growth momentum and to what extent we can borrow. Care Ratings chief economist MadanSabnavis said the government has to increase its allocation for public investment on infrastructure to stimulate growth. I expect government to spend ? 10,000-20,000 crore additional amount on infrastructure. Given nominal GDP (gross domestic product) is not expected to expand significantly, the leeway for the government to spend more may not be there while keeping fiscal deficit within 3.7-3.9% of GDP. So I dont expect a big-bang push for infrastructure spending given the fiscal constraint, he said.
The finance ministry revealed more contours of its budget when minister of state for finance JayantSinha, also in an interview to DD News, said the four pillars of the budget will be poverty eradication, farmers prosperity, job creation and a better quality of life for all Indian citizens. This budget will be a forward looking budget that will ensure that India will continue to be a haven of stability and growth in a very turbulent and choppy global economic environment, he added.
The government has been contemplating tax incentives to companies in the manufacturing sector, including tax deductions on emoluments paid to new employees, to encourage firms to step up hiring and create jobs under its Make in India initiative. The government published suggestions that it has received internally from various government departments and other stakeholders on the mygov.in website, seeking further ideas and comments from the public. Suggestions being considered by the government include financial incentives, tax incentives under the Income Tax Act, 1961, and subsidies for equipping employees with job skills, and upgrading and improving employment exchanges. Another suggestion is to expand the scope of the tax deduction currently available to companies that add at least 10% to their workforce in a year by lowering the threshold. This incentive is available only in cases of employees who earn less than ? 6 lakh a year.
It should meet the requirements of the society.
It should be under some fiscal constraints.
It should be growth oriented.
It should meet the requirements of a developed country.
C. It should be growth oriented.
56.9 degree
76.5 degree
48.6 degree
68.4 degree
F2
F4
F6
F9
3599.34
699.34
3958.34
999.34
Varun Singh Bhati
Deepa Malik
Amit Kumar Saroha
Devendra Jhajaria
x > y
x < y
x >= y
x <= y
Only I is true
Ony II is true
Both II and III are true
Either II or III is true
If only assumption I is implicit
If only assumption II is implicit
If either I or II is implicit
If both I and II are implicit.
Decreases
Increases
Stable
Decrease just half
Gujarat
Uttar Pradesh
Bihar
Maharashtra
Telex
Memex
CompuServe
Dataphone
Only (A)
Both (A) and (B)
Either (A) or (C)
Both (B) and (C)
Digital Locker
e-education
e-health
National Scholarship Portal
They are unaffected
They are in loss
They are in profit
They get credit crunch
1978
1999
1946
1962
Increasing consumerism
Entrenchment of urban lifestyle
Easier availability of credit
All the above
Misappropriate
Balance
Remunerate
Clear
x < y = z
x <= y < z
x < y > z
x = y > z
20 : 17
65 : 63
60 : 43
55 : 52
I have been ill for fortnight and the Management and the school sports committee as well prefer to elect me the Captain of school team. Initially I thought that it is only in a fun but I was wrong.
I had been ill for the fortnight and the Management and the school sports committee preferred to elect me the Captain of school team. Initially I thought that it was only in a fun but I was wrong.
I have been ill for a fortnight and the Management as well as the school sports committee prefers to elect me Captain of school team. Initially I thought that it was only in fun but I was wrong.
I was ill for fortnight thus the Management as well as the school sports committee preferred to elect me the Captain of school team. Initially I thought that it was only in a fun but I was wrong.
Vikram Seth
Suketu Mehta
Upamanyu Chatterjee
Arundhati Roy
If only assumption I is implicit
If only assumption II is implicit
If either I or II is implicit
If neither I nor II is implicit
19 minutes
20 minutes
18 minutes
21 minutes
Only (A)
Only (B)
Only (C)
Only (A) and (B)
It should meet the requirements of the society.
It should be under some fiscal constraints.
It should be growth oriented.
It should meet the requirements of a developed country.
Asian Development Bank (ADB)
International Fund for Agricultural Development (IFAD)
European Bank for Reconstruction and Development (EBRD)
International Bank for Reconstruction and Development (IBRD)
20 percent
23 percent
29 percent
26 percent
Memory
Address Bus
Accumulator
Control Unit
Fourth
Third
Ninth
Fifth
Rs. 48,000 crore
Rs. 38,000 crore
Rs. 56,000 crore
Rs. 33,000 crore
If only course of action I follows
If only course of action II follows
If either course of action I or II follows.
If neither course of action I nor II follows.