Question : The 1991 economic policy aimed to reduce the fiscal deficit and promote fiscal discipline through:

Option 1: Increased government spending

Option 2: Higher taxes on individuals

Option 3: Public debt management

Option 4: Fiscal consolidation measures

Question : The process of increasing government spending and/or decreasing taxes in order to stimulate economic growth is known as:

Option 1: Fiscal austerity

Option 2: Fiscal stimulus

Option 3: Fiscal responsibility

Option 4: Fiscal consolidation

Question : The process of increasing taxes and/or decreasing government spending in order to slow down an overheating economy is known as:

Option 1: Fiscal austerity

Option 2: Fiscal stimulus

Option 3: Fiscal responsibility

Option 4: Fiscal consolidation

Question : Which of the following is a part of budgetary deficit.
 

Option 1: Revenue deficit
 

Option 2: Fiscal deficit
 

Option 3: Primary deficit
 

Option 4: All of the above.
 

Question : Which of the following is a measure of the size of the government budget?

Option 1: Fiscal deficit

Option 2: Revenue deficit
 

Option 3: Capital receipts

Option 4: Revenue deficit