UPSC Exam > UPSC Videos > Economic Survey & Government Reports > Economic Survey Lecture 8: Fiscal Developments- Revenue Relish
Economic Survey Lecture 8: Fiscal Developments- Revenue Relish Video Lecture | Economic Survey & Government Reports - UPSC
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FAQs on Economic Survey Lecture 8: Fiscal Developments- Revenue Relish Video Lecture - Economic Survey & Government Reports - UPSC
| 1. What are the key fiscal developments highlighted in the Economic Survey lecture on revenue relish? |  |
Ans. The key fiscal developments highlighted in the Economic Survey lecture on revenue relish include an analysis of revenue trends, tax collections, government spending, and fiscal deficit.
| 2. How does the government generate revenue to finance its expenditure according to the lecture on fiscal developments? | |
Ans. The government generates revenue through various sources such as taxes, non-tax revenue, borrowings, and disinvestment to finance its expenditure on public services, infrastructure, and welfare programs.
| 3. What impact do revenue relish and fiscal developments have on the overall economy, as mentioned in the Economic Survey lecture? | |
Ans. Revenue relish and fiscal developments can have a significant impact on the overall economy by influencing government spending, public debt levels, inflation, investment sentiment, and economic growth prospects.
| 4. What are some of the challenges and opportunities identified in the Economic Survey lecture regarding revenue generation and fiscal management? | |
Ans. Some of the challenges identified include tax evasion, inefficient tax administration, fiscal leakages, and the need for structural reforms. Opportunities include leveraging technology for better tax compliance, improving public financial management, and enhancing revenue forecasting.
| 5. How does the Economic Survey lecture recommend addressing the fiscal challenges and optimizing revenue generation for sustainable economic growth? | |
Ans. The Economic Survey lecture recommends implementing policy reforms to streamline tax administration, broaden the tax base, reduce tax evasion, enhance public expenditure efficiency, and promote a conducive business environment to boost revenue generation and fiscal sustainability.
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Nov 21, 2024 Last updated |
Video Description: Economic Survey Lecture 8: Fiscal Developments- Revenue Relish for UPSC 2024 is part of Economic Survey & Government Reports preparation.
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