CUET 2026 Economics Government Budget and the Economy MCQ Question Answers

by | Dec 27, 2025 | General | 0 comments

 

Economics Government Budget and the Economy MCQ Question Answers for CUET 2026 

1. The amount collected by the government as taxes and duties is known as _______
a.
b.
c.
d.

2. Which is a component of Budget?
a.
b.
c.
d.

3. Which expenditure is committed and can’t be reduced?
a.
b.
c.
d.

4. _________= Net borrowing at home + Borrowing from RBI + Borrowing from abroad
a.
b.
c.
d.

5. The intervention of the government whether to expand demand or reduce it constitutes the
a.
b.
c.
d.

6. Full form of SLR
a.
b.
c.
d.

7. Capital budget consists of:
a.
b.
c.
d.

8. Which of the following is a correct measure of primary deficit?
a.
b.
c.
d.

9. What refers to the excess of government’s revenue expenditure over revenue receipts?
a.
b.
c.
d.

10. Which of the following is the capital expenditure?
a.
b.
c.
d.

11. When government spends more than it collects by way of revenue, it incurs __
a.
b.
c.
d.

12. Borrowing in the government budget is referred as:
a.
b.
c.
d.

13. Non-plan capital expenditure covers which of the following Service?
a.
b.
c.
d.

14. Government deficit can be reduced by an increase in ______or reduction in _________.
a.
b.
c.
d.

15. An economy in which there is both the private sector and the Government is known as a
a.
b.
c.
d.

16. Budgetary deficits must be financed by
a.
b.
c.
d.

17. Examples of such goods are national defence, roads, government administration etc. which are referred to as
a.
b.
c.
d.

18. How many types of revenue receipts are there?
a.
b.
c.
d.

19. __________consist of interest payments minus interest receipts by the government on net domestic lending
a.
b.
c.
d.

20. What is the annual statement of the government’s fiscal revenue and fiscal expenditure known as?
a.
b.
c.
d.


 

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