Smartindia Classroom
CONTENTS
English
Economics
History & Civics
Back to home
Start Practice
Question-1
__________ are the instruments by which the government implement policies
(A)
Taxes
(B)
expenditures
(C)
tax and expenditures
(D)
None of these
Question-2
The difference between the total expenditure and the sum of revenue and capitals receipts excluding borrowing is known as _____________.
(A)
Primary deficit
(B)
revenue deficit
(C)
Fiscal deficit
(D)
none of these
Question-3
Fiscal deficit of government of India amounts to _________ percent of total budget expenditure during 2006 - 07.
(A)
24
(B)
26
(C)
29
(D)
None of these
Question-4
________ expenditure incurred on various projects and covered not under the current five -year plans.
(A)
plan
(B)
non plan
(C)
developmental
(D)
none of these
Question-5
_________ consists of capital receipts and capital expenditures of the government.
(A)
Revenue budget
(B)
Capital budget
(C)
Union budget
(D)
none of these
Question-6
__________ measures the excess expenditure over that is governments own income.
(A)
Primary deficit
(B)
Revenue deficit
(C)
fiscal deficit
(D)
none of these
Question-7
The description of the government policies in terms of fiscal policies and public expenditure policies are covered in ____________.
(A)
Surplus budget
(B)
deficit budget
(C)
balance budget
(D)
Budget
Question-8
The estimated receipt and proposed expenditure of Indian railways is known as _________.
(A)
Main budget
(B)
rail budget
(C)
Konkan budget
(D)
None of these
Question-9
Imagine that the revenue receipts of US government is 600 million dollars and revenue expenditure 700 million dollars. In this case, the revenue deficit would be _________.
(A)
500
(B)
100
(C)
200
(D)
300
Question-10
__________ is an ideal index showing the functioning of the economy.
(A)
Taxes
(B)
Budget
(C)
expenditure
(D)
None of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
Powered By