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

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

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

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

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

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

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

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

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

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

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

12. Borrowing in the government budget is referred 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. When government spends more than it collects by way of revenue, it incurs __
a.
b.
c.
d.

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

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

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

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

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

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


 

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