The 'Debt to GDP ratio' in India is monitored as part of which framework? MCQ with Answer and Explanation

The 'Debt to GDP ratio' in India is monitored as part of which framework?
A. FRBM fiscal policy framework
B. Exchange rate policy
C. Monetary policy framework
D. Trade policy
Answer: Option A
Solution (By JKSSB Mock Tests)
Debt to GDP ratio is a key parameter under the FRBM framework.

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Practice More Economy Set 1 Questions

Question #1
The 'National Manufacturing Policy' aims to create National Investment and Manufacturing Zones that are basically:
A. special economic zones only
B. agricultural zones
C. residential colonies
D. industrial parks with world-class infrastructure

Correct Answer: Option D


Explanation:
NIMZs are integrated industrial parks with advanced infrastructure.

This question belongs to: Economy GK Economy Set 1
Question #2
A 'common market' includes not only free trade and a common external tariff but also:
A. free movement of factors of production
B. common taxation only
C. common currency
D. common defence

Correct Answer: Option A


Explanation:
A common market allows free movement of goods, services, capital and labour.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of a public good?
A. Rivalrous and excludable
B. Non-rivalrous and excludable
C. Rivalrous and non-excludable
D. Non-rivalrous and non-excludable

Correct Answer: Option D


Explanation:
Public goods are non-rivalrous and non-excludable.

This question belongs to: Economy GK Economy Set 1