What to Expect From India's Budget?

What to Expect From India's Budget?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the expectations from the upcoming budget, focusing on the need for a pragmatic approach to stimulate economic growth. It addresses concerns about inflation, primarily driven by food prices, and the transient nature of this inflation. The role of the government in implementing tax cuts and other measures to invigorate the economy is examined, along with the challenges in achieving growth targets amidst global economic slowdown and unforeseen events like the coronavirus outbreak.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the upcoming budget as discussed in the video?

Stimulating economic growth

Reducing taxes for individuals

Enhancing foreign trade

Increasing government expenditure

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main cause of the recent inflation spike in India?

Increase in fuel prices

Demand-led inflation

Food price surge

Rising housing costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the government need to play in addressing inflation, according to the discussion?

Implementing monetary policy measures

Focusing on supply-side constraints

Increasing interest rates

Reducing public spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact of recent corporate tax cuts in India?

Reduction in unemployment

Limited immediate impact

Immediate increase in investments

Significant economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional measures are suggested to complement corporate tax cuts?

Reduction in public sector jobs

Increased foreign investment

Sector-specific stimulus

Higher import tariffs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current growth target for India's economy by 2024?

Doubling the size of the economy

Achieving a 10% growth rate

Reducing the fiscal deficit

Increasing exports by 50%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What external factor is mentioned as a potential challenge to India's economic growth?

Oil price fluctuations

Trade war with China

Global economic slowdown

Brexit implications