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10 paź 2021 · The correct answer is Option 2. Key Points. Cut in tax rates accompanied by an increase in interest rate: Cutting taxes can increase disposable income, encouraging consumption and investment, which helps in a recession.
For revision of this section, candidates can practise from previous years’ UPSC Prelims Economy Questions and download the solutions PDF given in this article. Here, we have provided 2013-2022 questions related to Economy that were asked in Prelims General Studies Paper-I of the IAS Exam.
13 gru 2023 · Over the past decade, the economy has been a recurring theme in the UPSC Prelims examination, reflecting the critical importance of economic issues in the contemporary global scenario. Questions ranged from macroeconomic indicators to policy frameworks, showcasing the multifaceted nature of economic challenges.
Rau’s IAS, bring these Economy UPSC Prelims Previous Year Questions (PYQ) with Solutions right at your fingertips, starting from 2013 all the way through 2022. Not only can you review these questions, but you can also attempt them, enhancing your readiness for the exams.
4 maj 2024 · Whether you’re revising core principles or exploring advanced topics, these questions provide valuable practice to enhance your proficiency and confidence for the exam. Gain insights into the dynamics of public finance and its implications on the broader economy, empowering you to tackle related questions with ease.
27 gru 2022 · UPSC Civil Services Examination Previous Year Question (PYQ) Q. Which among the following steps is most likely to be taken at the time of an economic recession? (a) Cut in tax rates accompanied by increase in interest rate. (b) Increase in expenditure on public projects. (c) Increase in tax rates accompanied by reduction of interest rate.
21 paź 2024 · Economy questions in the UPSC Prelims exam revolve around fundamental concepts of the economy, trends in the Indian economy, and budget. The frequently asked UPSC Prelims Economy questions are from topics like banking, inflation, monetary policy, international agreement, and financial inclusion.
