Andhra Pradesh (English Medium) Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
The budget was submitted in the Parliament by

(A) Finance Minister	(B) Chief Minister
(C) Railway Minister	(D) Revenue Minister

Question-2
Which one of the following is an example for family expenditure?

(A) Donations received from public	(B) Maintenance of buildings
(C) Lab equipment	(D) Food

Question-3
The Budget of a family is

(A) School Budget	(B) State Budget
(C) Family Budget	(D) Central Budget

Question-4
The recovery of loans, other receipts and borrowings and other liabilities include

(A) Revenue Receipts	(B) Capital Receipts
(C) Deficit Budget	(D) Plan expenditure

Question-5
If the budget is not a balanced one, it is called

(A) Deficit budget	(B) Unbalanced budget
(C) Balanced budget	(D) Surplus budget

Question-6
Assertion: A Budget is a statement of expected incomes and expenditure planned.

Reason: Budget is an unwritten format.

(A) Assertion is True, Reason is True	(B) Assertion is False, Reason is False
(C) Assertion is True, Reason is False	(D) assertion is False, Reason is True

Question-7
An example for School Budget receipts is

(A) Library books	(B) Lab equipment
(C) Miscellaneous	(D) Donations received from public

Question-8
The fiscal deficit less interest payments is

(A) Fiscal deficit	(B) Budget deficit
(C) Revenue deficit	(D) Primary deficit

Question-9
Deficit Budget leads to

(A) Stagflation	(B) Deflation
(C) Inflation	(D) Stagnation

Question-10
The expenditure of the government must also be discussed and passed through

(A) Appropriation Bill	(B) Finance Bill
(C) Revenue Bill	(D) Wage Bill

Click here to see your answersheet and detailed track records.

Std 9

Andhra Pradesh (English Medium)

Practice in Related Chapters
Budget
Concepts of National Income
Macro Economics
Meaning and Indicators of Economic Development
Revenue And Expenditure
Money and Banking