Millionaire Mode

Influence of Globalization on India's Public Debt and Fiscal Deficit

Question 1 of 15

Globalization has led to an increase in India's public debt primarily due to:

  1. Increased government spending on infrastructure and social welfare programs.
  2. Reduced tax revenues due to lower tariffs and increased competition.
  3. Higher interest payments on external debt.
  4. All of the above.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000