Daily Current Affairs Quiz 27 Dec 2021

Daily Current Affairs Quiz

27 Dec 2021

1. Q.-Consider the following statements.
1. Interest rate growth rate differential (IRGD) is a key indicator of an economy’s long-run debt sustainability.
2. When the cost of raising debt is higher than the gross domestic product (GDP) growth rate, then public debt comes with low fiscal costs.
Which of the above statements is/are incorrect?


2. Q.- Bond yield is the return an investor gets on that bond or on a particular government security.
Which of the following factors affect the bond yield in India?
1. Fiscal position of the government
2. Monetary policy of the Reserve Bank of India
3. Inflation in the economy
4. Global markets
Select the correct answer code:


3. Q.-Consider the following statements regarding Counter-cyclical fiscal policy.
1. Counter-cyclical fiscal policy becomes critical during an economic crisis. 2. Counter-cyclical fiscal policy is the one wherein fiscal policy reinforces the business cycle by being expansionary (increase spending/reduce taxes) during good times and contractionary (reduce spending/increase taxes) during recessions.
Which of the above statements is/are incorrect?


4. Q.-Which of the following statements explains the objective of “Har Ghar Dastak” campaign?


5. Q.-With reference to Dairy Sahakar Scheme, consider the following statements:
1. The scheme will encourage the cooperative dairy businesses in the country.
2. National Dairy Development Board (NDDB) is the implementing agency for the scheme.
Which of the statements given above is/are correct?


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