CUET 2025 Economics Government Budget and the Economy MCQ Question Answers

by | Jan 7, 2025 | General | 0 comments

 

Economics Government Budget and the Economy MCQ Question Answers for CUET 2025 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


 

Also Check out Related Economics MCQs Links

 

on

Submit a Comment

Your email address will not be published. Required fields are marked *