Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns [IAS 2006]

Related MCQs

• Consider the following statements in respect of the National Rural Employment Guarantee Act, 2005 : 1. Under the provisions of the Act, 100 days of employment in a year to every household whose adult members volunteer to do unskilled manual work has become a fundamental right. 2. Under the provisions of the Act, women are to get priority to the extent that one-half of persons who are given employment are women who have asked for work. Which of the statements given above is/are correct? [IAS 2006]
• The budget broadly comprises: (i) revenue budget, and (li) capital budget. Which of the following item or items is/are not covered under the revenue budget? I. Different proceeds of taxes and other duties levied by the government II. Interest and dividend on investments made by the government III. Expenditure on running the government and various services IV. Market loans raised by the government
• Consider the following statements: 1. Appellate Tribunal for Electricity has been established by each State Government in India. 2. One of the components of the Accelerated Power Development and Reforms Programme (APDRP) is upgradation of sub-transmission and distribution system for electricity in India. Which of the statements given above is/are correct? [IAS 2006]
• Consider the following statements: 1. The agreement on South Asian Free Trade Area (SAFTA)came into effect from 1st December, 2005. 2. As per SAFTA agreement terms, India, Pakistan and Sri Lanka have to decrease their custom duties to the level of 0 to 5 percent by the year 2013. Which of the statements given above is/are correct? [IAS 2006]
• Which one of the following is the correct statements? Service tax is a/an [IAS 2006]
• Indicative Planning being pursued in India since the 8th Plan aims at ensuring that: 1. Planning mechanism plays a facilitatory role 2. Planning mechanism brings about a balance between need and supply 3. Planning mechanism concerns itself with optima! utilisation of resources 4. Planning concerns itself with laying down broad directions in which the economy should move Choose the correct answer from:
• Fiscal deficit in the Union Budget means: [IAS 1994]
• With reference to the government's welfare schemes, consider the following statements: 1. Under the Antyodaya Anna Yojana, the food grains are available to the poorest of the poor families at Rs. 2 per kg for wheat and Rs.3 per kg for rice. 2. Under the National Old Age Pension Scheme, the old and destitute are provided Rs. 75 per month as Central Pension, in addition to the amount provided by most State Government 3. Government of India has allocated 25 kg food grains per below Poverty Line family per month, at less than half the economic cost. Which of these statements are correct? [IAS 2003]
• Which one of the following Indian banks is not a nationalized bank? [IAS 2006]
• Which one of the following countries is not a member of ASEAN? [IAS 2006]