Current Affairs Exam > Current Affairs Questions > With reference to the expenditure curbs on mi...
Start Learning for Free
With reference to the expenditure curbs on ministries, consider the following statements:
1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.
2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
With reference to the expenditure curbs on ministries, consider the fo...
With the government revenues picking up as the economic recovery gains strength, the Finance Ministry removed the expenditure curbs that were imposed on various ministries for the July-September quarter.
- As a cash management exercise, the government had earlier asked various ministries and departments (in category B) to “restrict the overall expenditure within 20 per cent of BE 2020-21 in Quarter 2 (July to September 2021)”. This restriction has been withdrawn.
- The government did not impose any spending restrictions on the ministries of health, rural development, railways, agriculture, MSME (micro, small and medium enterprises) — the ministries and department in the Category A specified by the finance ministry.
- Expenditure curbs were imposed on demands/appropriations related to ministries and departments such as civil aviation, home, labour, mines, power, telecom and post, consumer affairs, fisheries, revenue, economic affairs, financial services and heavy industries, among others, in Category B.
- The government has now removed the restriction on limiting the expenditure to 20 per cent of Budget Estimates 2020-21 in the July-September quarter.
- Hence both statements are correct.
Free Test
FREE
| Start Free Test |
Community Answer
With reference to the expenditure curbs on ministries, consider the fo...
With the government revenues picking up as the economic recovery gains strength, the Finance Ministry removed the expenditure curbs that were imposed on various ministries for the July-September quarter.
- As a cash management exercise, the government had earlier asked various ministries and departments (in category B) to “restrict the overall expenditure within 20 per cent of BE 2020-21 in Quarter 2 (July to September 2021)”. This restriction has been withdrawn.
- The government did not impose any spending restrictions on the ministries of health, rural development, railways, agriculture, MSME (micro, small and medium enterprises) — the ministries and department in the Category A specified by the finance ministry.
- Expenditure curbs were imposed on demands/appropriations related to ministries and departments such as civil aviation, home, labour, mines, power, telecom and post, consumer affairs, fisheries, revenue, economic affairs, financial services and heavy industries, among others, in Category B.
- The government has now removed the restriction on limiting the expenditure to 20 per cent of Budget Estimates 2020-21 in the July-September quarter.
- Hence both statements are correct.
Attention Current Affairs Students!
To make sure you are not studying endlessly, EduRev has designed Current Affairs study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Current Affairs.
|
Explore Courses for Current Affairs exam
|
|
Similar Current Affairs Doubts
Top Courses for Current AffairsView all
With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs.
Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice With reference to the expenditure curbs on ministries, consider the following statements:1. The Union Finance Ministry recently removed the expenditure curbs that were imposed on various ministries for the July-September quarter.2. The government did not impose any spending restrictions earlier on the ministries and department in the Category A specified by the finance ministry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
|
|
Explore Courses for Current Affairs exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup