Increase in Oil Pool Deficit implies:

Related MCQs

• Oil Pool Deficit is a deficit: 1. in the balance of payments 2. that the government owes to the world bank 3. in the oil pool account 4. that the government owes to the oil companies Choose your answer from:
• MODVAT is different from VAT in the sense that: 1. under MODVAT, tax is levied only on value addition while under VAT, excise is imposed on final value and then rebate is given on inputs 2. MODVAT is only at the production stage while VAT extends both to production and distribution stage 3. under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition 4. MODVAT implies rationalization of excise duty only while VAT implies rationalization of excise, sales and turnover taxes etc. also Choose correct answer from:
• Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates : [IFS 1990]
• Deficit financing leads to inflation in general, but it can be checked if:
• A budgetary deficit means:
• Fiscal deficit in the budget means: [CDS 1999]
• Fiscal deficit in the Union Budget means: [IAS 1994]
• Which one of the following forms the largest share of deficit in Govt. of India budget? [UP PCS 2002]
• What is a fiscal deficit? [Punjab & Sindh Bank 2011]
• Deficit financing is spending: