Cluster · Government Budget and Fiscal Policy

d
Clusters / #1324
tight score 0.00

Government Budget Revenue Expenditure Classification
Questions
300
Questions in this cluster
299 total
Question Category Subtype Difficulty

Which of the following is NOT a component of revenue receipt ?

[SSC MTS 2024]

pipeline-1187012
gk intermediate

From which date, the Indian Financial year begins ?

[SSC GD 2024]

pipeline-1187022
gk intermediate

Which one of the following statements regarding classification of government expenditure is correct ?
I. Revenue expenditure is expenditure made for purposes other than the creation of physical or financial assets of the Central Government.
॥. Capital expenditure results in the creation of physical or financial assets or the reduction of financial liabilities.

[SSC GD 2024]

pipeline-1187080
gk intermediate

Priorities of the government in the fiscal area and its related policies and deviations are mentioned in which part of the budget document?

[SSC CPO 2023]

pipeline-1187014
gk intermediate

Which of the following is an objective of the Government Budget?
A) GDP Growth
B) Reallocation of Resources
C) Balanced Regional Growth

[SSC CHSL 2023]

pipeline-1187079
gk intermediate

The ____________ refers to the excess of government’s revenue expenditure over revenue receipts.

[SSC GD 2022]

pipeline-1187072
gk intermediate

Which of the following measures can be adopted by the government to reduce revenue deficit?

[SSC CHSL 2024]

pipeline-1187073
gk intermediate

How many types of revenue receipts exist in the economy?

[SSC MTS 2022]

pipeline-1187061
gk intermediate

Which of the following sentences is INCORRECT with regard to government budget?

[SSC CHSL 2023]

pipeline-1188327
gk intermediate

Which of the following is a source of tax revenue ?

[SSC CPO 2023]

pipeline-1186488
gk intermediate

What is the impact of proportional taxes?

[SSC CHSL 2024]

pipeline-1188855
gk intermediate

Proportional taxes would help to reduce the autonomous expenditure multiplier because_____________ .

[SSC CHSL 2023]

pipeline-1188846
gk intermediate

Which of the following policies is generally revealed by the annual financial statement of the Government of India?

pipeline-1305899
mp_police intermediate

Which of the following is the difference between total receipts and total expenditure?

pipeline-1305705
mp_police intermediate

Profits and dividends accrued from public sector enterprises are a part of ____.

pipeline-1299357
mp_police intermediate

The difference between gross fiscal deficit and net interest liabilities is known as__________.

pipeline-1299356
mp_police intermediate

What is the expenditure made for the creation of physical or financial assets of the government called?

pipeline-1299358
mp_police intermediate

In which year did the Government of India bring the FRBM (Fiscal Responsibility and Budget Management) Act into effect?

pipeline-1297107
mp_police intermediate

How does a budget deficit affect a nation's economy?

pipeline-1291673
mp_police intermediate

Which of the following is NOT considered a Government of India revenue receipt?

pipeline-1297106
mp_police intermediate

Which of the following is NOT included in the financial budget of India?

pipeline-1288197
mp_police intermediate

What is included in the Capital Account of the Government?

pipeline-1335648
bihar_police intermediate

In which of the following cases does revenue deficit occur?

pipeline-1335752
bihar_police intermediate

One fiscal year covers how many quarters of a year?

pipeline-1335652
bihar_police intermediate

Expenditure on military, infrastructure, and government institutions are examples of which of the following?

pipeline-1335655
bihar_police intermediate

Which of the following will NOT be classified as revenue receipt in the budget of the union government in India?

pipeline-1333884
bihar_police intermediate

Union Budget and Railway Budget of India were merged in which year?

pipeline-1332291
bihar_police intermediate

When the total expenditure is less than total receipts, it is called ______________.

pipeline-1335757
bihar_police intermediate

Which type of expenditure refers to expenses that do not lead to the creation of physical or financial assets?

pipeline-1324046
bihar_police intermediate

If the government revenue expenditure exceeds revenue receipt, it is called:

pipeline-1323851
bihar_police intermediate

According to David Ricardo, during a high deficit situation taxation and borrowing are _______ means of spending.

pipeline-1309451
bihar_police intermediate

Recoveries of loans and advances, borrowings, are an example of ________.

pipeline-1309551
bihar_police intermediate

Which of the following is the difference between total receipts and total expenditure?

pipeline-1318102
bihar_police intermediate

Which of the following policies is generally revealed by the annual financial statement of the Government of India?

pipeline-1318101
bihar_police intermediate

Which of the following is a source of tax revenue?

pipeline-1306852
bihar_police intermediate

The financial year in India starts from 1st April and ends on ________.

pipeline-1297759
bihar_police intermediate

Assessment of the country’s GDP growth, external balance and fiscal balance are presented in which part of the budget document?

pipeline-1298624
bihar_police intermediate

Income and Expenditure Account is ___________.

pipeline-442205
bihar_police intermediate

Expenditure on military, infrastructure, and government institutions are examples of which of the following?

pipeline-1250668
rajasthan intermediate

What is the expenditure made for the creation of physical or financial assets of the government called?

pipeline-1250518
rajasthan intermediate

What is included in the Capital Account of the Government?

pipeline-1201563
rajasthan intermediate

Which of the following is the best estimate of the total borrowings by the goverment?

pipeline-1194673
rajasthan intermediate

A scenario in which the government's spending surpasses its revenue is known as _________________.

pipeline-1172284
rajasthan intermediate

Which of the following forms the largest share of deficit in the budget of India?

pipeline-1131973
rajasthan intermediate

What is the expenditure made for the creation of physical or financial assets of the government called?

pipeline-1362601
up_police intermediate

Which of the following forms the largest share of deficit in the budget of India?

pipeline-1359974
up_police intermediate

Profits and dividends accrued from public sector enterprises are a part of ____.

pipeline-1362603
up_police intermediate

Which of the following is NOT a type of budget of the Government?

pipeline-1363526
up_police intermediate

Which statement gives the details of the estimated revenue and expenditure of the government?

pipeline-1365315
up_police intermediate

Which of the following forms the largest share of deficit in the budget of India?

pipeline-1367948
up_police intermediate
Page 4 of 6