The 'Budget Stabilization Fund' in Odisha helps:

Manage revenue volatility

Finance disaster relief

Reduce borrowing costs

All of the above

Answer is Right!

Answer is Wrong!

The correct answer is: d) All of the above

The Budget Stabilization Fund (BSF) is a reserve fund that the Odisha government uses to manage revenue volatility, finance disaster relief, and reduce borrowing costs.

The BSF helps to manage revenue volatility by providing a buffer against unexpected changes in revenue. This can be helpful in times of economic downturn, when tax revenue may decline. The BSF can also be used to finance disaster relief, such as after a cyclone or

124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

The BSF is a valuable tool that the Odisha government uses to manage its finances. It helps to protect the state from economic shocks, finance disaster relief, and reduce borrowing costs.

The BSF can be used to finance disaster relief, such as after a cyclone or flood. This can help to ensure that the government has the resources it needs to respond to these events.

The BSF can be used to reduce borrowing costs. This is because the government can use the BSF to repay debt, which can improve its credit rating.

More similar MCQ questions for Exam preparation:-