SBI Junior Associate 2023 · Question 95 of 188

Q70. What does the following sentence mean in the context of the passage? "More austere fiscal policies are poised to cast a pall over the near-term growth outlook."

reading-comprehension

1. A(a) Stricter budgetary measures are expected to improve economic growth prospects shortly.
2. B(b) The implementation of more rigid fiscal policies is likely to brighten the economic outlook in the near future.
3. C(c) Tighter government spending and taxation policies are anticipated to dampen economic growth in the short term.Correct
4. D(d) Increased public investment and spending, as part of austere policies, will enhance the economic growth outlook.
5. E(e) Fiscal austerity measures will have no significant impact on the economic growth forecasts.