Which one of the following statements appropriately describes the "fiscal stimulus"?
AIt is a massive investment by the Government in manufacturing sector to ensure the supply of goods to meet the demand surge caused by rapid economic growth
BIt is an intense affirmative action of the Government to boost economic activity in the country
CIt is Government's intensive action on financial institutions to ensure disbursement of loans to agriculture and allied sectors to promote greater food production and contain food inflation
DIt is an extreme affirmative action by the Government to pursue its policy of financial inclusion
Answer & Solution
Correct answer: B. It is an intense affirmative action of the Government to boost economic activity in the country
UPSC CSE Prelims 2011 (GS-I, Set A), Q.8. Official answer key: B.
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