The Importance of India's Interim Budget

The Importance of India's Interim Budget

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses India's budget, focusing on whether the government will meet its budget target and manage the deficit. It highlights the challenges with GST revenue and expenditure, the implications of public sector borrowing, and the need for fiscal policy adjustments. The video also addresses unemployment issues, emphasizing the need for job creation and investment in health and education to improve labor market conditions.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Indian government's target deficit percentage?

3.3%

5.0%

4.5%

2.8%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which revenue source has been under pressure, affecting the budget?

Income Tax

Customs Duty

Corporate Tax

GST

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated total public sector borrowing requirement as a percentage of GDP?

8%

6%

10%

5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the pressures faced by policymakers in the upcoming budget?

Increasing defense spending

Announcing a large agricultural package

Reducing education funding

Cutting healthcare budgets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reported unemployment rate situation according to the Business Standard newspaper?

Stable compared to last year

Improving steadily

At a 10-year low

At a 45-year high

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for job creation in India?

Lack of natural resources

High perceived cost of labor

Over-reliance on agriculture

Excessive foreign investment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a suggested area for increased investment to improve employability?

Defense

Tourism

Health and education

Real estate