Explanation

An instance of government spending exceeding revenue is referred to as a fiscal deficit.
A rise in capital spending may result in a budget deficit. Creating new money is one method of funding the budget deficit.

Explanation

The Malacca Strait is a slender waterway that links the South China Sea and the Indian Ocean, separating Malaysia and Indonesia. Although it’s a busy shipping route, environmental concerns and the high cost of further drilling may make it impractical.
The Kra Isthmus, on the other hand, is a small land bridge that connects the Gulf of Thailand and the Andaman Sea in southern Thailand. Constructing a canal across the Kra Isthmus would avoid the crowded and occasionally pirate-infested Malacca Strait and offer a quicker and more direct shipping route between the Indian and Pacific oceans. This could improve trade and economic relations between East Asia and India by significantly reducing the distance and time required for navigation between the two regions.
Opening a new canal across the Kra isthmus between the Gulf of Siam and Andaman Sea.

Explanation

Compared to its Look East Policy, India’s Act East Policy is more extensive. The “Look East Policy” was limited to South East Asia and its main goal was to deepen economic integration with the region’s nations. The “Act East Policy,” on the other hand, expanded its focus area to include South East Asia in addition to East Asia and focuses on economic and security integration.
Although there isn’t one, one goal is to build positive relationships with the ASEAN nations.

Explanation

According to the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, medium-sized enterprises are those with a revenue of no more than Rs. 250 crore and plant and machinery investments of no more than Rs. 50 crore.
All bank loans to MSMEs that meet the Government of India’s definition of an MSME are eligible to be categorized as priority sector lending.