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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


 

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