Question
‘Fiscal Drag’ expresses the impact of inflation on
which of the following?Solution
Fiscal drag is an economics term referring to a situation where a government’s net fiscal position (equal to its spending less any taxation) does not meet the net savings goals of the private economy. Fiscal drag is a concept where inflation and earnings growth may push more taxpayers into higher tax bracket.
Who can make laws for Union Territories on any subject under the three lists Viz. union list, state list and concurrent list?
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How many types of emergencies are recognized under the Indian Constitution?Â
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Who was the first woman Chief Minister of an Indian state.
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1. Establishi...
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1. The Indian federation is the result of an agreemen...
Which constitutional articles were modified by the 24th Amendment Act of 1971?
