Question
The golden rule of fiscal policy is that the governments
are expected to borrow over the cycle to financeSolution
The Golden Rule states that over the economic cycle, the Government will borrow only to invest and not to fund current spending. In layman's terms this means that on average over the ups and downs of an economic cycle the government should only borrow to pay for investment that benefits future generations.
Which company collaborates with the National Education Society for Tribal Students (NESTS) to roll out the plan Future Engineers?
How many locations are expected to host Mahila Samvad events across Bihar?
IFSCA has partnered with _______ to pursue Cross-border FinTech Innovations.
Ahmedabad and Which Indian state recently found place in world’s 50 greatest places of 2022 by TIME Magazine?
How many members are there in the committee set up by the Finance Ministry to suggest measures to improve the pensionary benefits of government employee...
The World Bank has approved a grant of _____Â to set up an integrated road safety enforcement system in Shimla and Nurpur police districts and develop ...
What is the purpose of the Urban Frame Survey (UFS) conducted by the Ministry of Statistics and Programme Implementation (MoSPI) in collaboration with I...
When is World Tourism Day celebrated?
__________ and Liberty Global, a London-based telecom firm, signed a €1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the...
What is the GST rate likely to be applied to pre-packaged cereals, pulses, and flour packets of over 25 kg?
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