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

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

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

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

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

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

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

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

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

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

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

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

13. What refers to the excess of government’s revenue expenditure over revenue receipts?
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. Government deficit can be reduced by an increase in ______or reduction in _________.
a.
b.
c.
d.

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

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

18. The intervention of the government whether to expand demand or reduce it constitutes the
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. Which is a component of Budget?
a.
b.
c.
d.


 

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