A. 1st September
B. 1st January
C. 1st April
D. 1st July
Related Mcqs:
- What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?
A. Economic Cycle
B. Business Cycle
C. Complete Cycle
D. Cycle Business - Fiscal policy is weak under floating exchanges rates as fiscal expansion ?
A. crowds out imports
B. crowds out public consumption
C. crowds out exports
D. reduces the budget deficit - How is termed the economic theories or Maynard Keynes especially those which advocate government monetary and fiscal and stimulate business activity ?
A. Market Economy
B. Harvard Group
C. Keynesian
D. London Group - Fiscal deficit in the budget means ?
A. Revenue deficit plus the net borrowings of the government
B. Budgetary deficits plus the net borrowings of the government
C. Capital deficit plus revenue deficit
D. Primary deficit minus capital deficit - Which of the following is not involved with fiscal policy ?
A. Income tax
B. National insurance
C. VAT
D. Interest insurance - During the fiscal year 2009-10 gross fixed capital formation or domestic investment grew by ?
A. 19.8%
B. 10.3%
C. 9.2%
D. 11.5% - A fiscal expansion in the UK ?
A. has no predictable effect on the price of the pound sterling?
B. does not affect the price of the pound sterling
C. tends to appreciate the pound sterling
D. tends to depreciate the pound sterling - Time lags which often erode effectiveness of monetary and fiscal policy measures represent ?
A. delays in the response of the economy is stabilization policy
B. the foreign response to price changes
C. the change in exports and imports prices
D. the change in exchange rates - Fiscal drag occurs when ?
A. Tax bands do not increase with inflation
B. Tax rates move inversely with inflation
C. Government spending falls to reduce aggregate demand
D. Tax banks increase with inflation - What growth rate was witnessed in agriculture sector last fiscal year ?
A. 1.4%
B. 2%
C. 1.9%
D. 2.9%
