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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


 

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