Economics · Public Finance & Fiscal Management
The budgetary process in India involves structured presentation of policy documents and monitoring of deficit measures. Based on the framework of public finance, which option correctly identifies the official economic document released prior to the budget, the specific indicator representing a negative primary deficit, and primary examples of automatic stabilisers in the Indian context?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Demands for Grants; Effective Surplus; Direct Benefit Transfer (DBT) and pensions
- 2Appropriation Bill; Revenue Surplus; Public works and MGNREGA
- 3Finance Bill; Fiscal Surplus; Progressive income tax and unemployment benefits
- 4Economic Survey; Primary Surplus; Crop insurance and subsidy schemes✓
Correct answer
Economic Survey; Primary Surplus; Crop insurance and subsidy schemes
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