1. The difference between the sum of revenue receipts and Non-Debt Capital Receipts (NDCR) and total expenditure is called fiscal deficit.

2. Fiscal deficit is an important indicator of the financial position of the government.

3. It shows how much difference there is between the current income and expenditure of the government.

4. Fiscal deficit can be influenced by many factors, including.

- Economic situation: During an economic recession, the government often increases the fiscal deficit to provide stimulus to the economy.

- Political pressure: Governments often run up fiscal deficits to raise funds for social programs.

- Military spending: Governments often run fiscal deficits to increase military spending.

1. The author of the book 'The Golden Threshold' was Sarojini Naidu.

2. This book was published in 1905 in which 40 poems are compiled.

3. India's natural beauty, Indian culture and the Indian freedom movement have been praised in these poems.

1. India's first English language newspaper was Hicky's Bengal Gazette.

2. It was published by James Augustus Hickey on January 29, 1780 from Calcutta.

3. This paper published political and commercial news.

1. Ronald Reagan, the 40th US President, signed the largest tax cut in his country's history in 1981.

2. This policy focused on the economic theory of Laffer Curve.

3. Laffer curve explains the relationship between tax rate and tax revenue.

1. The Sun Temple of Konark was built in the 13th century during the reign of King Narasimhadeva I of the Eastern Ganga Dynasty and is located in the Puri district of Odisha state.

2. This temple is dedicated to Lord Surya and is known for its huge size and unique architecture.

3. The temple was built in the form of a huge chariot, the roof of which was decorated with 12 huge ratha-chakras.

4. The walls of the temple were decorated with sculptures of gods and goddesses and mythological scenes.

5. The temple was destroyed by a cyclone in the 15th century.

6. The temple was rebuilt in the 1980s.

7. Konark Sun Temple is a UNESCO World Heritage Site.

1. The 'Veeragase' dance performed during the Dussehra festival holds a special place among the folk dances of the state of Karnataka.

 2. It is a vigorous dance which is based on Hindu mythology.

3. It is a vigorous dance based on Hindu mythology and involves very aggressive energy-drenching dance movements performed by Jangma.

1. Provisions for financial emergencies are given in Article 360 of the Indian Constitution.

2. It has two provisions;

- There is no maximum period prescribed for its operation.

- Its continuation does not require repeated parliamentary approval.

1. 1st century BC The water harvesting system that taps the flood waters of the Ganga River was at Shringaverapura, located in the present-day Allahabad district of Uttar Pradesh state of India.

2. The system was composed of three percolation-cum-storage tanks, fed by an 11-meter wide and 5-meter deep canal, which diverted flood water from the monsoon-swollen Ganga.

3. During the reign of Chandragupta Maurya, large-scale dams, irrigation systems and harvesting systems were constructed throughout his kingdom.