APPSC Group I · General Studies
Economic Development, Planning, Budgeting, Banking, Agriculture, Industry
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Q1 · Indian Economy and Planning · EASY
The term 'Fiscal Deficit' refers to:
Q2 · Indian Economy and Planning · MEDIUM
The 'Wholesale Price Index' (WPI) in India is compiled by:
Q3 · Indian Economy and Planning · MEDIUM
Which of the following statements about India's Monetary Policy framework is/are correct? 1. The Reserve Bank of India operates under a flexible inflation targeting framework. 2. The inflation target is set jointly by the Government and RBI. 3. The Monetary Policy Committee consists of six members with equal voting rights. Select the correct answer using the code given below:
Q4 · Indian Economy and Planning · HARD
Consider the following statements regarding the Goods and Services Tax (GST) in India: 1. GST is a destination-based tax levied at the point of consumption. 2. Petroleum products are currently included under the GST regime. 3. The GST Council is a constitutional body. 4. Export of goods and services are zero-rated under GST. Which of the statements given above are correct?