Question
In case of increase in unemployment, fiscal deficit
will?ÂSolution
Recessions bring about an increase in deficits for two reasons; first government receipts go down because unemployed people do not pay taxes, second, government spending increases as benefits increase for unemployed people. Thus increased expenses and decreased income of the government will lead to increase of fiscal deficit.Â
Who wrote 'A Dismantled State', a book that explores the untold story of Kashmir after the abrogation of Article 370?
Which country became the largest recipient of the Asian Development Bank (ADB)-funded programmes/projects in the year 2022?
Which of the following is a source of tax revenue?
Which festival in West Bengal is recognized as an Intangible Cultural Heritage by UNESCO?
What is the total amount the Asian Development Bank (ADB) plans to mobilize over five years to support India’s urban infrastructure development?
Dahi - Handi ” has been Recognised as an Official Sport of which state?
Who has been appointed as the new Chairman of the Fertiliser Association of India (FAI)?
What percentage of operational waste did Hindalco recycle in FY24?
E-commerce major Flipkart Group has committed to achieving a net-zero carbon emissions target in its own operations by ___.
What is the name of the first make-in-India ASTDS tug inaugurated by Union Minister Sarbananda Sonowal?
