Fiscal Policy MCQ — 2 Practice Questions with Answers

Practice 2 Fiscal Policy multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

2 Questions Economy

Q1. Which of the following is NOT one of the five pillars of the NITI Aayog Fiscal Health Index 2026?

A Quality of Expenditure

B Revenue Mobilisation

C Debt Sustainability

D Employment Generation Correct

Explanation

The five pillars of the NITI Aayog Fiscal Health Index 2026 are: (1) Quality of Expenditure, (2) Revenue Mobilisation, (3) Fiscal Prudence, (4) Debt Index, and (5) Debt Sustainability. Employment Generation is NOT one of the pillars of the FHI, which focuses exclusively on state fiscal performance.

Q2. Consider the following statements about the Fiscal Health Index 2026 released by NITI Aayog. 1. It is the first edition of the index. 2. It uses audited data from the Comptroller and Auditor General (CAG). 3. Odisha topped the rankings among major states. Which of the statements given above are correct?

A 1 and 2 only

B 1 and 3 only

C 2 and 3 only Correct

D 1, 2 and 3

Explanation

Statement 1 is incorrect: FHI 2026 is the second annual edition, not the first. Statement 2 is correct: the Index uses audited CAG data. Statement 3 is correct: Odisha ranked first among major states with 73.1 points, its second consecutive year at the top.

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There are 2 Fiscal Policy practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

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Yes, every Fiscal Policy question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Fiscal Policy relevant to the RAS/RPSC exam?

Fiscal Policy falls under the Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Fiscal Policy questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Fiscal Policy MCQs in both English and Hindi, including questions, options, and explanations.

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Fiscal Policy MCQ — 2 Practice Questions with Answers

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