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Enrichwise Weekly Mind Gym Quiz #48-25-01-25
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1. Which economy is recently in the news for achieving a budget surplus (Revenue > Expenditure) by cutting massive public expenditure, eliminating many subsidies, privatization, streamlining taxes, and increasing the tax base?
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10 points
Argentina
Mexico
Brazil
2. The Reserve Bank of India (RBI) uses monetary tools, and the Government uses fiscal tools to manage and stabilize the economy.
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10 points
True
False
3. What key economic point did President Donald Trump mention in his inaugural speech on January 20, 2025, that will impact the economy and global markets going forward?
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10 points
High focus on Green Energy and less focus on oil drilling within the country.
Focus on Global Trade Agreements to Protect American Workers & Industry.
Both A & B
4. Corporate tax is a direct tax
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10 points
True
False
5. Which ratio will help you understand the fiscal situation of the country?
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10 points
Fiscal Deficit to GDP
Debt to GDP
Both A & B
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