The states which are highly dependent an central grants for meeting their financial requirements ?->(Show Answer!)

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1. The states which are highly dependent an central grants for meeting their financial requirements

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MCQ->The states which are highly dependent an central grants for meeting their financial requirements....

MCQ->The existence/establishment of formal financial institutions that offer safe, reliable and alternative financial instruments is fundamental in mobilising savings. To save, individuals need access to safe and reliable financial institutions, such as banks, and to appropriate financial instruments and reasonable financial incentives. Such access is not always available to all people in developing countries like India and more so, in rural areas. Savings help poor households manage volatility in cash flow, smoothen consumption, and build working capital. Poor households without access to a formal savings mechanism encourage immediate spending temptations. With reference to the above passage, consider the following statements: 1. Indian financial institutions do not offer any financial instruments to rural households to mobilise their savings.2. Poor households tend to spend their earnings/savings due to lack of access to appropriate financial instruments.Which of the statements given above is/are correct?....

MCQ->Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC)' The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts. According to the passage, which of the following is/are a matter of intense debate in the multilateral negotiations under UNFCCC regarding the role of developing countries in climate change? 1. The scale and size of required financial support.2. The crop loss due to climate change in the developing countries.3. To enhance the mitigation and adaptation actions in the developing countries.Select the correct answer using the code given below:....

MCQ->Statement: The Central Government has directed the State Governments to reduce government expenditure in view of the serious resource crunch and it may not be able to sanction any additional grant to the states for the next six months. Assumptions: The State Governments are totally dependent on Central Government for its expenditures. The Central Government has reviewed the expenditure account of the State Government. The State Governments will abide by the directive.

MCQ->During financial emergency, the President can:1. ask the states to reduce the salaries arid allowances of all or any class of persons serving in connection with the affairs of the State. 2. ask the states to reserve money bills passed by the state legislature for his consideration. 3. issue directions to states on financial matters. 4. issue directions for the reduction of salaries and allowances of persons serving in connection with the affairs of the Union?....

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