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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


 

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