With reference to India, consider the following statements : 1. The Wholesale Price Index (WPI)

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When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean ?

Consider the following actions by the Government:

1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies In the context of economic recession,

which of the above actions can be considered a part of the "fiscal stimulus" package ?

Which one of the following is responsible for the preparation and presentation of Union Budget to the Parliament ?

Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following :

In the context of governance, consider the following:

1. Encouraging Foreign Direct Investment inflows
2. Privatization of higher educational Institutions
3. Down-sizing of bureaucracy
4. Selling/offloading the shares of Public Sector Undertakings

Which of the above can be used as measures to control the fiscal deficit in India?

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