w.r.t Test 38 Q 4 When Crowding out effect kicks in there is less money in the economy and hence the money lending institutions increase the lending rate resulting in higher interest payment by the private sector due to which there expenditure increases and thus their investment decreases.
The correct answer is option c which means there expenditure decreases.
So how is there expenditure reducing?
crowding out happens when private sector is driven out due to excess government participation in a sector. Excess borrowing by government leaves less capital for private sector leading to less expenditure.
w.r.t Test 38 Q 4 When Crowding out effect kicks in there is less money in the economy and hence the money lending institutions increase the lending rate resulting in higher interest payment by the private sector due to which there expenditure increases and thus their investment decreases.
The correct answer is option c which means there expenditure decreases.
So how is there expenditure reducing?
crowding out happens when private sector is driven out due to excess government participation in a sector. Excess borrowing by government leaves less capital for private sector leading to less expenditure.
Am I Confusing the word Expenditure with investment or both are same?
In the question I interpreted expenditure = investment spending.
SFG batch 2, test 42
Question number 24. Statement 1.
Bimbisara was not a disciple of Buddhism. "Bimbisara was contemporary to both Mahavira and gautam buddha. Both religions claim him as their supporters and devotee."
Quoted from TN board book
Also, does follower of Buddhism imply they were Budhha's disciples? The statement should be incorrect.
SFG BATCH 2 Test 42 Q 5
Statement 3:
3. Rigvedic Aryans had domesticated the horse whereas there is no evidence of Indus Valley people having been aware of this animal.
As per TN board book, it is actually not mentioned that Indus valley people are not aware of Horses.
(Pg No. 20)
As per wikipedia:https://en.wikipedia.org/wiki/Surkotada
Statement 3 must be wrong.Answer should be "A".
This is a PYQ. UPSC key says 1&3 are correct.
@Disciple Tamilnadu book gives same explanation so they didn’t mistype. But NCERT differs. Which is correct?
Can you please tell me where the statement is mentioned that Bimbisara was a disciple of Buddha? In old ncert or the new ones? I couldn't find the statement or might have missed it.
@mhs11 Was talking about Q-7. Sthulbahu one.
Ok. There seem to be some errors in TN textbook.
With reference to the Indian Constitution, consider the following statements regarding the State Legislature:
1. The minimum age to enter the Legislative Assembly is lower than the minimum age to enter Legislative Council.
2. Legislative Assembly is a directly elected body while Legislative Council is an indirectly elected body.
3. While the Legislative Assembly normally gets automatically dissolved at the expiration of its five-year term; the Legislative Council is not subject to dissolution.
Which of the statements given above is/are correct?
The second statement is given as correct. How can election to the council be termed indirect when people are voting directly( teachers and graduates) though with a limited franchise? It is filled both directly and indirectly.
Test 3, Question 35
Which of the following statements regarding Motion of Thanks is/are correct?
1. The first session after each general election and the first session of each year is addressed by the President of India.
2. Defeat of Motion of Thanks in either house of Parliament amounts to collapse of the
government.
Select the correct answer using the code below.
@cot_ainok The fiscal year statement mentioned in laxmikant is an error. Art 87 of the constitution-
87. Special address by the President
