Which of the following is a positive statement?

To check inflation RBI should restrict money supply

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Government spends Rs.

5000

crore annually on public health

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To reduce the burden on oil pool account Government should reduce subsidy of petroleum products

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To check prices of essential commodities Public Distribution System should be strengthened

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Solution

The correct option is B Government spends Rs. $5000$ crore annually on public health
Positive statements study the facts of life i.e it deals with 'things as they are'. It deals with what are the economic problems and how are they actually solved. It explains the cause and effect relationship and avoids giving suggestions.

Both the statements A, C, and D are giving suggestions but B is stating a fact and it not suggesting anything. Thus option B is a positive statement.

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Similar questions

Consider the following recommendations:

1.RBI should target only on reducing inflation and use only a single instrument to keep inflation under control;

2.Foreign investors should be allowed to invest in government bond market;

3.Government should sell small under-performing public sector banks;

4.Banks should be allowed to open branches and ATMs everywhere without restrictions.

Which of the above are among the draft recommendations of the RaghuramRajan Committee on Financial Sector Reforms?

Statement:The rate of inflation has reached its highest in last twenty years and there is no sign of it softening in the coming months.
Course of action:
I.The government should initiate steps like reducing government taxes on essential commodities with immediate effect.
II.Farmers should be asked by the government to sell their product at lower prices.

The Public Distribution System helps to put a check on the prices of

Some of the measures suggested to curtail inflation are:
1. Restricting public expenditure
2. Mopping up increased liquidity through taxation or savings
3. Strengthening public distribution system
Which of the above statements are correct?

Q. The government has reduced the Public Distribution System prices by _____________ % from July 2001.

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