Fiscal Federalism in India since 1991
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Questions and Answers

What was dichotomised into political and fiscal parts after the reforms in 1991?

  • Market regulations
  • Social welfare
  • Federalism (correct)
  • Economic growth

What paradigm's theoretical infirmities have generated contradictions in India's fiscal federalism since 1991?

  • Monetary policy paradigm
  • Supply-side economics paradigm
  • Sound finance paradigm (correct)
  • Keynesian economics paradigm

What has eroded the relative autonomy of the state in India since 1991?

  • Wage–surplus distribution in favor of labor
  • Sound fiscal policies
  • Political drive to facilitate macroeconomic expansion (correct)
  • Strong federal provisions

Who are the authors of the article 'Fiscal Federalism’ in India since 1991 Infirmities of Sound Finance Paradigm'?

<p>Chirashree Das Gupta and Surajit Mazumdar (A)</p> Signup and view all the answers

What has been a feature of India's social and economic trajectory at least since the 1960s?

<p>Widening regional disparity (B)</p> Signup and view all the answers

Who teaches at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi?

<p>Surajit Mazumdar (B)</p> Signup and view all the answers

What has the process of economic reforms since 1991 accentuated?

<p>Regional disparity between and within states (B)</p> Signup and view all the answers

What is a characteristic of the intensification of regional disparity mentioned in the text?

<p>Wider sectoral disparities, especially between agriculture and non-agriculture (A)</p> Signup and view all the answers

What has remained practically unchanged in terms of per capita income levels in the last three decades?

<p>The relative ranks of different states (B)</p> Signup and view all the answers

Which state was designated as a 'miracle' in the corporate media after the first National Democratic Alliance (NDA) government came to power in November 2005?

<p>Bihar (B)</p> Signup and view all the answers

What showed sturdy resistance to any buoyant response to economic growth in low-income states?

<p>Tax to gross state domestic product (GSDP) ratios (D)</p> Signup and view all the answers

What has had very little impact on social disparities within low-income states even in terms of the minimum indices of human development?

<p>The content of growth in low-income states (D)</p> Signup and view all the answers

What has become muted 25 years after the economic reforms in India?

<p>Debates around federalism (D)</p> Signup and view all the answers

What informed not only the making of the Indian Constitution but also shaped the politics of centre–state relations?

<p>'Federalism' after independence (B)</p> Signup and view all the answers

What started growing faster than the national average for a period of about five years since 2005?

<p>Four low-income states of India (C)</p> Signup and view all the answers

What increased for Bihar government along with an evident negative divergence in per capita development expenditure from the national average by 2010–11?

<p>Reliance on central resources for development expenditure (D)</p> Signup and view all the answers

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