There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Expanding industries Select the correct answer using the code given below.
Options
(a)1 and 3 only
(b)2 and 3 only
(c)1 only
(d)1, 2, 3 and 4
The full breakdown is part of the paid archive
This question's answer, explanation and links to every related question across 48 years (1979–2026) are inside the app. The two most recent years are free to read in full — no account needed.
Class 12Government Budget and the Economy— NCERT Economics, Chapter 5. The government budget — the Annual Financial Statement required by Article 112 — lists estimated receipts and expenditure for the financial year (1 April–31 March). It…
Independent UPSC previous-year-questions study tool — not affiliated with or endorsed by the UPSC. Question text is reproduced from publicly released UPSC examination papers. UPSCviaPYQs · Privacy · Terms