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

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

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

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

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

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

7. An economy in which there is both the private sector and the Government is known as a
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. The intervention of the government whether to expand demand or reduce it constitutes the
a.
b.
c.
d.

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

12. The amount collected by the government as taxes and duties is known as _______
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. __________consist of interest payments minus interest receipts by the government on net domestic lending
a.
b.
c.
d.

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

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

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

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

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

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


 

Also Check out Related Economics MCQs Links

 

on

Submit a Comment

Your email address will not be published. Required fields are marked *