Question
Which of the following correctly describes Cooperative
Federalism?Solution
Cooperative federalism means a flexible relationship between the federal and state governments where powers are used jointly by the Centre and the states. In a federal political system, “competitive federalism” refers to the existence and desirability of rivalry among governments and jurisdictions. Competition among governments can be defined as rivalry whereby each government attempts to obtain some scarce benefit or resource or to avoid a certain cost.
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...