In the context of public debt management, 'Debt Sustainability Analysis' typically examines: MCQ with Answer and Explanation

In the context of public debt management, 'Debt Sustainability Analysis' typically examines:
A. Only the currency composition
B. Only the maturity structure
C. Whether the projected path of the debt-to-GDP ratio remains stable or declines under plausible assumptions about growth, interest rates and primary balances
D. Only the absolute level of debt
Answer: Option C
Solution (By JKSSB Mock Tests)
Debt sustainability analysis assesses whether a country’s debt trajectory is consistent with intertemporal solvency, usually by examining the evolution of the debt-to-GDP ratio under baseline and stress scenarios.

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Practice More Economy Set 1 Questions

Question #1
The term 'Fiscal Consolidation' refers to policies aimed at:
A. Increasing the fiscal deficit continuously
B. Only increasing tax rates without expenditure reform
C. Only printing money to finance deficits
D. Reducing the fiscal deficit and improving the sustainability of public finances

Correct Answer: Option D


Explanation:
Fiscal consolidation involves measures to reduce the fiscal deficit and put government debt on a sustainable path through a combination of revenue and expenditure reforms.

This question belongs to: Economy GK Economy Set 1
Question #2
The least-cost combination of inputs for a producer occurs where:
A. total product is maximum
B. marginal cost is zero
C. the isoquant intersects the isocost line at any point
D. the isoquant is tangent to the isocost line

Correct Answer: Option D


Explanation:
Producer equilibrium for least cost is achieved at the tangency of an isoquant and isocost line.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of cost analysis, fixed costs in the short run:
A. Are zero at zero output
B. Vary with the level of output
C. Are always greater than variable costs
D. Remain constant irrespective of the level of output

Correct Answer: Option D


Explanation:
Fixed costs do not change with the level of output in the short run; they must be incurred even if output is zero.

This question belongs to: Economy GK Economy Set 1