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.
Where is it expected to invest by government to stimulate growth?
On infrastructure
On governments plans.
On fiscal management
On manufacturing sector
Correct Answer :
A. On infrastructure
In the fifth passage it is said by economist Madan Sabnav is the government has to increase its allocation for public investment on infrastructure to stimulate growth.
Related Questions
A box contains 5 green, 4 yellow and 3 white marbles. Three marbles are drawn at random. What is the probability that they are not of the same colour ?
40/44
44/41
41/44
40/39
When is the World Energy Conservation Day celebrated?
November 15
October 10
December 25
December 14
Find the ratio between the no of students participated in Cricket & Football in 2001 to the total no of students participated in Cricket and Tennis in 2004 ?
20 : 17
65 : 63
60 : 43
55 : 52
Ashok can row upstream at 8 kmph and downstream at 12 kmph.What is the speed of the stream ?
6 km/hr
3 km/h
2 km/hr
4 km/hr
The National Green Tribunal (NGT) in December 2016 imposed a ban on the procurement, sale and use of glass powder coated 'manja' for flying kites. Who is the Chairman of NGT?
Lokeshwar Singh Panta
Jagdish Singh Khehar
Dinesh Saxena
Swatanter Kumar
Two Person P and Q are separated by a distance of 20 meter in west-east direction respectively. Now P and Q start walking in north and south direction respectively and walked for 5 meter. Now P and Q took a right turn and walked 10m each. Now P and Q took left turn and after walking 5 meter both of them stopped. Find the distance between them
15
25
30
None of these
A five digit number is formed with the digits 0,1,2,3 and 4 without repetition. Find the chance that the number is divisible by 5.
3/5
1/5
2/5
4/5
Statement : X × W, W @ Z , Z % Y
Conclusion:
I.Y $ W II.Z $ W III.X � Y
Only I is true
Ony II is true
Both I and II are true
Both I and III are true
From the given options, choose the option that does not fit into the theme of the passage.
India recently ratified the Paris Agreement, assuring it a seat at the 55/55 table
ratification by at least 55 countries and accounting for at least 55% of global greenhouse gas (GHG) emissions was required for the agreement to come into force
where countries will negotiate the mechanisms and provisions under the agreement.
There are certain targets India wants to achieve and to achieve that there is a need to allocate mitigating burden among states and also prioritize adaptation efforts.
However, it is possible that the non -resident entity may have a business connection with the resident Indian entity. In such a case, the resident Indian entity could be treated as Permanent Establishment of the nonresident entity. ……………During the last decade or so, India has seen a steady growth of outsourcing of business processes by non residents or foreign companies to IT -enabled entities in India. Such entities are either branches or associated enterprises of the foreign enterprise or an independent India enterprise. The nonresident entity or foreign company will be liable to tax in India only if the IT -enabled BPO unit in India constitutes its Permanent Establishment.
The tax treatment of the Permanent Establishment in such a case is under consideration
How would the profit would be shared is not decided yet?
A lengthy and cumber some process requiring a lot of application of mind and revenue principles is ahead for the tax department of India
A new trend is seen in last decade.
Find the code word for the word 'Burn' ?
25$R
22%U
21$R
6×E
There is a network that can connect networks ranging from small location or area to a bigger range including public packet network and large corporate networks. That network's enterprise allows users to share access to applications, services and other centrally located resources. Its ability for a huge geographical access has transformed networking. Which among the following is that network?
SAN
CAN
LAN
WAN
Two persons A and B invested in a business with 115000 and 75000 rupees respectively. They agree that 40% of the profit should be divided equally among them and rest is divided between them according to their investment. If A got 500 rupee more than B, then the total profit is.
3599.34
699.34
3958.34
999.34
In which year in India, was the demonetisation announced for the first time?
1978
1999
1946
1962
Alice Walkers The Temple of My Familiar, far from being a tight, focused Narrative, is instead a cheaper novel that roams freely and imaginatively over a halfmillion
traditional , a chronological
provocative , an insensitive
forceful , a concise
focused , an expansive
The Time Traveler (for so it will be convenient to speak of him) was expounding a recondite matter to us. His grey eyes shone and twinkled, and his usually pale face was flushed and animated. The fire burned brightly, and the soft radiance of the incandescent lights in the lilies of silver caught the bubbles that flashed and passed in our glasses. Our chairs, being his patents, embraced and caressed us rather than submitted to be sat upon, and there was that luxurious after-dinner atmosphere when thought roams gracefully free of the trammels of precision. (_________________).
And slowly and steadily, the atmosphere grew stale and lost all the vibrancy it had
And he put it to us in this waymarking the points with a lean forefingeras we sat and lazily admired his earnestness over this new paradox (as we thought it) and his fecundity
We sat like toddlers do in a nursery, eagerly anticipating the show the Time Traveler would put on for us
We sat benumbed by the proceedings, for the radiance of the Time Traveler was unimaginable and unbearable
4x + 2y =8.5, 2x + 4y = 9.5
x > y
x < y
x >= y
x <= y
Please select the most appropriate option
If you try to understand the concept in the class you will not only remember it but also will not be able to put to use while solving even the difficult exercises.
If you tried to understand the concept of the whole class, you will not only remember it, but also can put to use while solving even the difficult exercises.
If you tried to understand the concept in the class, you would not only remember it but also can put it to use while solving even the difficult exercises.
If you tried to understand the concept in the class, you would not only remember it but also could put it to use while solving even the difficult exercises.
Statements: Some trees are plants. All trees are houses. No plant is pot. All tools are pots.
Conclusions:
I. Some plants are tools is a possibility.
II. All trees are tools is a possibility.
III. No plant is house.
IV. All plants are houses is a possibility.
Only I and III follow.
Either III or IV follows
Only IV follows
None follows.
Which of the following Statements is true with respect to the given information?
G lives immediately above the one who owns Apple
E lives immediately above C
Only three people live between F and the one who owns TOSHIBA.
D owns Samsung.
Many of the people invited for a marriage at ABC Hotel fell ill due to food poisoning and were admitted to the hospitals.
I. The government should keep on hold marriages till further notice.
II. The hospitals should be advised to give good services to the effected people.
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.
The Mumbai Stock Exchange was set up in ____________.
1880
1930
1847
1875
To make India a cashless economy by pushing cashless transaction, which committee is constituted by the government?
Adhyarjuna Committee
Amitabh Kant Committee
A Ghosh Committee
Abid Hussain Committee
From the given options, choose the option that does not fit into the theme of the passage.
A look at the historical data on forecasts made by the IMF in its World Economic Outlook (WEO) reports seems to suggest that optimism bias may be the bigger culprit.
The large negative forecast errors in the recession years skewed the historical averages.
Over the past few years, the growth forecasts made by the International Monetary Fund (IMF) have displayed one consistent pattern
Has predicting the fate of the global economy become more difficult in a volatile post-crisis world, or does the IMF suffer from an inherent optimism bias?
Which of the following is/are the reasons of a drag on household savings in India over the last few years?
Increasing consumerism
Entrenchment of urban lifestyle
Easier availability of credit
All the above
Total no of female students in CSE is what % more than the male students in the same Dept ?
44.45%
40.76%
40.75%
40.66%
A and B can do a piece of work in 24 and 30 days respectively. Both started the work and worked for 6 days. Then B leaves the work and C joins and the remaining work is completed by A and C together in 11 days. Find the days in which C alone can do the work
80
100
120
130
If D and F interchange their places then who among the following is on the immediate left of G?
B
D
H
F
Some college students were found guilty of travelling in a local train without tickets.
I. The parents of these students should be contacted and asked to counsel their wards.
II. The students found guilty in such cases should be held behind bars.
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.
The village headman was unlettered, but he was no fool, he could see through the mystery of the businessmans proposition and promptly moved him down.
deception, forced
naivete, turned
potential, forced
sophistry, turned