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UPSC Prelims GS - 2021
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Question 3
MEDIUM
Correct:
+2
Incorrect:
-2
Which among the following steps is most likely to be taken at the time of an economic recession?
a
Cut in tax rates accompanied by increase in interest rate
b
Increase in expenditure on public projects
c
Increase in tax rates accompanied by reduction of interest rate.
d
Reduction of expenditure on public projects
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