current affairs MCQ #7556

Which ratio is typically cited under IMF-backed fiscal narratives when commentators stress widening tax net compliance rather than endlessly hiking utility tariffs alone during 2024-2025 repair phases?

current affairs MCQ #7556

  1. Question 1

    Q1. Which ratio is typically cited under IMF-backed fiscal narratives when commentators stress widening tax net compliance rather than endlessly hiking utility tariffs alone during 2024-2025 repair phases?

    • A) Corporate entertainment expense ratio alone
    • B) Corporate inventory turnover ratio unrelated to treasury
    • C) Cargo ship dwell time unrelated to treasury stress
    • D) Federal tax receipts relative to gross domestic output

    Answer: Federal tax receipts relative to gross domestic output

    Explanation: Under IMF-backed fiscal consolidation narratives, commentators stress raising the federal tax-to-GDP ratio as the primary sustainable fiscal instrument, emphasising broadening the tax net over repeatedly increasing utility tariffs which disproportionately burden consumers.