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The correct answer is option (a): 1 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 2022, GS Paper 1, as Question 9. It falls under Indian Economy > Fiscal Policy & Budget.
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
UPSC has asked 41 questions from Fiscal Policy & Budget (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.