Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
Financial assistance to countries mainly comes from _________.
(A)
IMF
(B)
INRD
(C)
ADB
(D)
All of these
Question-2
Revenue deficit indicates _______.
(A)
Revenue equal expenditure
(B)
Revenue greater than expenses
(C)
Revenue less than expenses
(D)
none of these
Question-3
The difference between revenue receipts and revenue expenditure is known as ________.
(A)
Revenue deficit
(B)
Fiscal deficit
(C)
Capital deficit
(D)
none of these
Question-4
Indian Budget is presented in the parliament by ________.
(A)
President
(B)
Finance minister
(C)
Prime-minister
(D)
None of these
Question-5
A large fiscal deficit indicates __________.
(A)
Large borrowing
(B)
Small borrowing
(C)
borrowing has noting to do with fiscal deficit
(D)
none of these
Question-6
Indian financial year is normally ranges from __________.
(A)
February 1 to March 31st
(B)
June 1st to December 31st
(C)
June 31s to December 1
(D)
None of these
Question-7
_________ budget is prepared to meet the expenses of unforeseeable events.
(A)
Supplementary budget
(B)
plan budget
(C)
performance budget
(D)
none of these
Question-8
Indian budget is a _________ obligation of the Indian government.
(A)
Federal
(B)
constitutional
(C)
Standard
(D)
None of these
Question-9
The central government raises its revenue through ___________.
(A)
Revenue receipts
(B)
Capital receipts
(C)
a and b
(D)
None of these
Question-10
The budget of a country provides scope for review of _________
(A)
Financial condition
(B)
economic polices
(C)
economic programmes
(D)
All of these
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Plus 2 Humanities
ICSE/ISC
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