1
Question
Q. Which of the following are the measures taken by the Indian government to check high levels of inflation or deflation?
1. Disinvestment
2. Welfare Payments
3. Increase/Decrease in taxation
4. Maintenance of sufficient oil reserves
Select the correct answer using the code given below:
Q. भारत सरकार द्वारा मुद्रास्फीति या अपस्फीति के उच्च स्तर को रोकने लिए निम्नलिखित में से कौन सा/से उपाय किये गए है/हैं?
1. विनिवेश
2. कल्याण के लिए भुगतान
3. कराधान में वृद्धि / कमी
4. पर्याप्त तेल भंडार का रखरखाव
नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:
Q. Which of the following are the measures taken by the Indian government to check high levels of inflation or deflation?
1. Disinvestment
2. Welfare Payments
3. Increase/Decrease in taxation
4. Maintenance of sufficient oil reserves
Select the correct answer using the code given below:
Q. भारत सरकार द्वारा मुद्रास्फीति या अपस्फीति के उच्च स्तर को रोकने लिए निम्नलिखित में से कौन सा/से उपाय किये गए है/हैं?
1. विनिवेश
2. कल्याण के लिए भुगतान
3. कराधान में वृद्धि / कमी
4. पर्याप्त तेल भंडार का रखरखाव
नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:
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Solution
The correct option is C
2, 3 and 4 only
केवल 2,3 और 4
Statement 1 is incorrect Disinvestment is intended to increase the efficiency of government firms
Statement 2 is correct
Welfare transfers help to stabilize income. During boom years, when employment is high, tax receipts collected to finance such expenditure increase exerting a stabilizing pressure on high consumption spending; conversely, during a slump, these welfare payments help sustain consumption. (in case of deflation)
Statement 3 is correct Taxes can be increased during growth period and decreased during a slump
Statement 4 is correct Oil reserves can tackle inflation that arises due to sudden rise in oil prices
Additional Information
Even the private sector has built-in stabilisers. Corporations maintain their dividends in the face of a change in income in the short run and households try to maintain their previous living standards. All these work as shock absorbers without the need for any decision-maker to take action. The built-in stabilisers, however, reduce only part of the fluctuation in the economy, the rest must be taken care of by deliberate policy initiative.
कथन 1 गलत है विनिवेश का उद्देश्य सरकारी फर्मों की दक्षता बढ़ाना है।
कथन 2 सही है कल्याण आय के स्थिरीकरण करने में मदद करता है।
कथन 3 सही है विकास की अवधि के दौरान कर में वृद्धि की जा सकती है और मंदी के दौरान कमी की जा सकती है।
कथन 4 सही है तेल भण्डारण तेल की कीमतों में अचानक वृद्धि के कारण मुद्रास्फीति से निपट सकता है।
2, 3 and 4 only
केवल 2,3 और 4
Statement 1 is incorrect Disinvestment is intended to increase the efficiency of government firms
Statement 2 is correct
Welfare transfers help to stabilize income. During boom years, when employment is high, tax receipts collected to finance such expenditure increase exerting a stabilizing pressure on high consumption spending; conversely, during a slump, these welfare payments help sustain consumption. (in case of deflation)
Statement 3 is correct Taxes can be increased during growth period and decreased during a slump
Statement 4 is correct Oil reserves can tackle inflation that arises due to sudden rise in oil prices
Additional Information
Even the private sector has built-in stabilisers. Corporations maintain their dividends in the face of a change in income in the short run and households try to maintain their previous living standards. All these work as shock absorbers without the need for any decision-maker to take action. The built-in stabilisers, however, reduce only part of the fluctuation in the economy, the rest must be taken care of by deliberate policy initiative.
कथन 1 गलत है विनिवेश का उद्देश्य सरकारी फर्मों की दक्षता बढ़ाना है।
कथन 2 सही है कल्याण आय के स्थिरीकरण करने में मदद करता है।
कथन 3 सही है विकास की अवधि के दौरान कर में वृद्धि की जा सकती है और मंदी के दौरान कमी की जा सकती है।
कथन 4 सही है तेल भण्डारण तेल की कीमतों में अचानक वृद्धि के कारण मुद्रास्फीति से निपट सकता है।
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