CUET Economics 2022 PYQs10 Aug Shift 2. Free, no login required.

Read the following Case Study based on Sustainable energy sources and answer question based on it.

India has been giving a push for alternate fuels such as Ethanol and more recently, Methanol to improve its energy security. India meets 85% of its crude oil requirement, 53% of its natural gas requirement, and 25% of its coal requirement through imports. Ethanol is primarily used for blending with gasoline citing twin benefits : substitution of gasoline to arrest rising crude imports and using a relatively cleaner fuel than gasoline. The Government of India regulates the prices of ethanol derived from various sources and procures it through the Oil Marketing Companies at pre-determined prices. However, ethanol primarily derived from molasses and sugarcane juice can ignite a fuel vs food security debate; Methanol, on the other hand, can be derived from different sources such as natural gas, coal, naphtha, biomass etc. Natural gas is the most widely used feedstock to produce methanol across the world accounting for almost 70% of the global production. India has given a strong push for methanol from coal since coal is abundantly available in India whereas natural gas is a scarce resource. India is on the cusp of a major transformational change as it transitions towards a low carbon economy. The energy policies of the country and those on the anvil demonstrate and focus on the country's transition toward cleaner fuels in a sustainable manner. And coal gasification of domestically available coal to produce methanol (deployed with Carbon Capture & Storage-CCS) presents an opportunity to accelerate this transition in an energy secure manner.

Read the following Case Study based on Sustainable energy sources and answer question based on it.

India has been giving a push for alternate fuels such as Ethanol and more recently, Methanol to improve its energy security. India meets 85% of its crude oil requirement, 53% of its natural gas requirement, and 25% of its coal requirement through imports. Ethanol is primarily used for blending with gasoline citing twin benefits : substitution of gasoline to arrest rising crude imports and using a relatively cleaner fuel than gasoline. The Government of India regulates the prices of ethanol derived from various sources and procures it through the Oil Marketing Companies at pre-determined prices. However, ethanol primarily derived from molasses and sugarcane juice can ignite a fuel vs food security debate; Methanol, on the other hand, can be derived from different sources such as natural gas, coal, naphtha, biomass etc. Natural gas is the most widely used feedstock to produce methanol across the world accounting for almost 70% of the global production. India has given a strong push for methanol from coal since coal is abundantly available in India whereas natural gas is a scarce resource. India is on the cusp of a major transformational change as it transitions towards a low carbon economy. The energy policies of the country and those on the anvil demonstrate and focus on the country's transition toward cleaner fuels in a sustainable manner. And coal gasification of domestically available coal to produce methanol (deployed with Carbon Capture & Storage-CCS) presents an opportunity to accelerate this transition in an energy secure manner.

Read the following Case Study based on Sustainable energy sources and answer question based on it.

India has been giving a push for alternate fuels such as Ethanol and more recently, Methanol to improve its energy security. India meets 85% of its crude oil requirement, 53% of its natural gas requirement, and 25% of its coal requirement through imports. Ethanol is primarily used for blending with gasoline citing twin benefits : substitution of gasoline to arrest rising crude imports and using a relatively cleaner fuel than gasoline. The Government of India regulates the prices of ethanol derived from various sources and procures it through the Oil Marketing Companies at pre-determined prices. However, ethanol primarily derived from molasses and sugarcane juice can ignite a fuel vs food security debate; Methanol, on the other hand, can be derived from different sources such as natural gas, coal, naphtha, biomass etc. Natural gas is the most widely used feedstock to produce methanol across the world accounting for almost 70% of the global production. India has given a strong push for methanol from coal since coal is abundantly available in India whereas natural gas is a scarce resource. India is on the cusp of a major transformational change as it transitions towards a low carbon economy. The energy policies of the country and those on the anvil demonstrate and focus on the country's transition toward cleaner fuels in a sustainable manner. And coal gasification of domestically available coal to produce methanol (deployed with Carbon Capture & Storage-CCS) presents an opportunity to accelerate this transition in an energy secure manner.

Read the following Case Study based on Sustainable energy sources and answer question based on it.

India has been giving a push for alternate fuels such as Ethanol and more recently, Methanol to improve its energy security. India meets 85% of its crude oil requirement, 53% of its natural gas requirement, and 25% of its coal requirement through imports. Ethanol is primarily used for blending with gasoline citing twin benefits : substitution of gasoline to arrest rising crude imports and using a relatively cleaner fuel than gasoline. The Government of India regulates the prices of ethanol derived from various sources and procures it through the Oil Marketing Companies at pre-determined prices. However, ethanol primarily derived from molasses and sugarcane juice can ignite a fuel vs food security debate; Methanol, on the other hand, can be derived from different sources such as natural gas, coal, naphtha, biomass etc. Natural gas is the most widely used feedstock to produce methanol across the world accounting for almost 70% of the global production. India has given a strong push for methanol from coal since coal is abundantly available in India whereas natural gas is a scarce resource. India is on the cusp of a major transformational change as it transitions towards a low carbon economy. The energy policies of the country and those on the anvil demonstrate and focus on the country's transition toward cleaner fuels in a sustainable manner. And coal gasification of domestically available coal to produce methanol (deployed with Carbon Capture & Storage-CCS) presents an opportunity to accelerate this transition in an energy secure manner.

Read the following Case Study based on Sustainable energy sources and answer question based on it.

India has been giving a push for alternate fuels such as Ethanol and more recently, Methanol to improve its energy security. India meets 85% of its crude oil requirement, 53% of its natural gas requirement, and 25% of its coal requirement through imports. Ethanol is primarily used for blending with gasoline citing twin benefits : substitution of gasoline to arrest rising crude imports and using a relatively cleaner fuel than gasoline. The Government of India regulates the prices of ethanol derived from various sources and procures it through the Oil Marketing Companies at pre-determined prices. However, ethanol primarily derived from molasses and sugarcane juice can ignite a fuel vs food security debate; Methanol, on the other hand, can be derived from different sources such as natural gas, coal, naphtha, biomass etc. Natural gas is the most widely used feedstock to produce methanol across the world accounting for almost 70% of the global production. India has given a strong push for methanol from coal since coal is abundantly available in India whereas natural gas is a scarce resource. India is on the cusp of a major transformational change as it transitions towards a low carbon economy. The energy policies of the country and those on the anvil demonstrate and focus on the country's transition toward cleaner fuels in a sustainable manner. And coal gasification of domestically available coal to produce methanol (deployed with Carbon Capture & Storage-CCS) presents an opportunity to accelerate this transition in an energy secure manner.

Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capital expenditure. 317,643 crore will be allocated to grants-in-aid, including MNREGA.

As far as expenditure is concerned, the government proposes to spend Rs. 39,44,909 crore in 2022-23, which is 4.6% higher than the updated estimate of 2021-22. The receipts (excluding borrowings) in 2022-23 are estimated to be Rs. 22,83,713 crore, an increase of 4.8% over the revised estimate of 2021-22. The expectation from tax collections is higher than last year, which is expected to come in from direct taxes, both on personal and corporate income. The FM has estimated GDP growth of 9.27% which is among the highest in the world's large economies.

The fiscal deficit in 2022-23 is targeted at 6.4% of GDP, which is lower than last year. And Interest expenditure at Rs. 9,40,651 crore is estimated to be 43% of revenue receipts. The budget has not relied on EBR (Extra Budgetary Resources) or loans from the National Small Savings Fund. As far as ministry allocation is concerned the highest percentage-wise increase is seen for the Ministry of Communications, Ministry of Road Transport and Highways, and Ministry of Jal Shakti.

Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capital expenditure. 317,643 crore will be allocated to grants-in-aid, including MNREGA.

As far as expenditure is concerned, the government proposes to spend Rs. 39,44,909 crore in 2022-23, which is 4.6% higher than the updated estimate of 2021-22. The receipts (excluding borrowings) in 2022-23 are estimated to be Rs. 22,83,713 crore, an increase of 4.8% over the revised estimate of 2021-22. The expectation from tax collections is higher than last year, which is expected to come in from direct taxes, both on personal and corporate income. The FM has estimated GDP growth of 9.27% which is among the highest in the world's large economies.

The fiscal deficit in 2022-23 is targeted at 6.4% of GDP, which is lower than last year. And Interest expenditure at Rs. 9,40,651 crore is estimated to be 43% of revenue receipts. The budget has not relied on EBR (Extra Budgetary Resources) or loans from the National Small Savings Fund. As far as ministry allocation is concerned the highest percentage-wise increase is seen for the Ministry of Communications, Ministry of Road Transport and Highways, and Ministry of Jal Shakti.

Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capital expenditure. 317,643 crore will be allocated to grants-in-aid, including MNREGA.

As far as expenditure is concerned, the government proposes to spend Rs. 39,44,909 crore in 2022-23, which is 4.6% higher than the updated estimate of 2021-22. The receipts (excluding borrowings) in 2022-23 are estimated to be Rs. 22,83,713 crore, an increase of 4.8% over the revised estimate of 2021-22. The expectation from tax collections is higher than last year, which is expected to come in from direct taxes, both on personal and corporate income. The FM has estimated GDP growth of 9.27% which is among the highest in the world's large economies.

The fiscal deficit in 2022-23 is targeted at 6.4% of GDP, which is lower than last year. And Interest expenditure at Rs. 9,40,651 crore is estimated to be 43% of revenue receipts. The budget has not relied on EBR (Extra Budgetary Resources) or loans from the National Small Savings Fund. As far as ministry allocation is concerned the highest percentage-wise increase is seen for the Ministry of Communications, Ministry of Road Transport and Highways, and Ministry of Jal Shakti.

Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capital expenditure. 317,643 crore will be allocated to grants-in-aid, including MNREGA.

As far as expenditure is concerned, the government proposes to spend Rs. 39,44,909 crore in 2022-23, which is 4.6% higher than the updated estimate of 2021-22. The receipts (excluding borrowings) in 2022-23 are estimated to be Rs. 22,83,713 crore, an increase of 4.8% over the revised estimate of 2021-22. The expectation from tax collections is higher than last year, which is expected to come in from direct taxes, both on personal and corporate income. The FM has estimated GDP growth of 9.27% which is among the highest in the world's large economies.

The fiscal deficit in 2022-23 is targeted at 6.4% of GDP, which is lower than last year. And Interest expenditure at Rs. 9,40,651 crore is estimated to be 43% of revenue receipts. The budget has not relied on EBR (Extra Budgetary Resources) or loans from the National Small Savings Fund. As far as ministry allocation is concerned the highest percentage-wise increase is seen for the Ministry of Communications, Ministry of Road Transport and Highways, and Ministry of Jal Shakti.

Budget 2022 which seeks to lay the blueprint for the next 25 years for growth for India has been widely recognized by the business community as a growth and infrastructure-focused budget that will put the country on the right trajectory. In terms of performance, the government has done well in collecting tax revenues, keeping spending tight, and is now taking steps towards long-term fiscal stability. The key areas of attention are future income and employment-generating capital expenditure. 317,643 crore will be allocated to grants-in-aid, including MNREGA.

As far as expenditure is concerned, the government proposes to spend Rs. 39,44,909 crore in 2022-23, which is 4.6% higher than the updated estimate of 2021-22. The receipts (excluding borrowings) in 2022-23 are estimated to be Rs. 22,83,713 crore, an increase of 4.8% over the revised estimate of 2021-22. The expectation from tax collections is higher than last year, which is expected to come in from direct taxes, both on personal and corporate income. The FM has estimated GDP growth of 9.27% which is among the highest in the world's large economies.

The fiscal deficit in 2022-23 is targeted at 6.4% of GDP, which is lower than last year. And Interest expenditure at Rs. 9,40,651 crore is estimated to be 43% of revenue receipts. The budget has not relied on EBR (Extra Budgetary Resources) or loans from the National Small Savings Fund. As far as ministry allocation is concerned the highest percentage-wise increase is seen for the Ministry of Communications, Ministry of Road Transport and Highways, and Ministry of Jal Shakti.