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MCQs - 2026-04

2551.
The government's focus on fiscal prudence indicates a commitment to:
A Increasing the national debt
B Sustainable levels of deficit and debt
C Uncontrolled government spending
D Reducing investment in infrastructure
2552.
What does 'fiscal consolidation' refer to?
A Increasing government spending without limit
B Reducing the government's budget deficit and debt
C Increasing taxes significantly
D Borrowing excessively
2553.
A reduced fiscal deficit can potentially lead to:
A A downgrade in sovereign credit rating
B A better sovereign credit rating
C Increased borrowing costs for the government
D Reduced fiscal space
2554.
An improved fiscal position is expected to enhance:
A Government debt levels
B Macroeconomic stability
C Inflationary pressures
D Currency depreciation
2555.
The government has exercised discipline in its spending, prioritizing:
A Revenue expenditure over capital expenditure
B Capital expenditure for infrastructure development
C Non-essential government projects
D Increased administrative costs
2556.
What has played a crucial role in the stronger-than-expected revenue growth?
A Economic slowdown
B Buoyant performance of the economy and improved tax compliance
C Decreased foreign investment
D Reduced domestic consumption
2557.
The reduction in fiscal deficit is attributed to:
A Increased government borrowing and reduced tax revenue
B Prudent fiscal management, robust tax revenue, and controlled expenditure
C Higher revenue expenditure and lower capital expenditure
D Economic slowdown and decreased tax compliance
2558.
What was India's fiscal deficit as a percentage of GDP for the fiscal year 2025-26?
A 4.5%
B 5.1%
C 5.5%
D 6.0%
2559.
The term 'clean energy transition' refers to:
A Shifting from renewable energy to fossil fuels
B Shifting from fossil fuels to renewable and low-carbon energy sources
C Maintaining the status quo of energy sources
D Focusing solely on nuclear energy
2560.
Which of the following is NOT mentioned as a supportive policy for solar energy?
A Solar parks
B Production-linked incentives (PLI)
C Increased import duties on solar panels
D Ambitious solar targets