CUET 2024 Economics Government Budget and the Economy MCQ Question Answers

by | May 18, 2022 | General | 0 comments

 

Economics Government Budget and the Economy MCQ Question Answers for CUET 2024 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


 

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