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

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

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up_police intermediate

Which of the following items is not a part of the non-plan revenue expenditure of the government budget?

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up_police intermediate

Which of the following sentences is INCORRECT about the government budget?

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up_police intermediate

What is a revenue deficit in the government budget?

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up_police intermediate

What does the budget deficit of the Central Government for a particular financial year indicate?

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rpf intermediate

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

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rpf intermediate

When do we consider a budget a Surplus Budget?

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rpf intermediate

From the above passage, it can be inferred that the passage is about :-

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banking intermediate

What steps have been taken by the government to increase the economic growth of the country?

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banking intermediate

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

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defence intermediate

Read the following about Revenue Receipts.
A. Revenue receipts are those receipts that do not lead to a claim on the government.
B. Revenue receipts are divided into tax and non-tax revenues.
Identify the CORRECT statement/statements.

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defence intermediate

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

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defence intermediate

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

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defence intermediate

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

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defence intermediate

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

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defence intermediate

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

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defence intermediate

Which of the following items is not a part of the non-plan revenue expenditure of the government budget?

pipeline-1290193
defence intermediate

After being presented separately for 92 years, when was the Railway Budget merged with the Union Budget and since then, presented together?

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defence intermediate

The government budget is a statement of estimates of the government receipts and government expenditures for the coming financial year. The financial year for India is the period from ___________ or __________.

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defence intermediate

How many types of money deficits are mainly there in India in the budget?

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defence intermediate

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

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defence intermediate

Which of the following components is not included in the calculation of the fiscal deficit in a government budget?

  1. Revenue expenditure
  2. Capital expenditure
  3. Borrowings and other liabilities
  4. Public sector disinvestment proceeds
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defence intermediate

Which year's budget was called a Black Budget in India?

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ib intermediate

Usually, the reduction in the taxes will have _______ multiplier effect compared to an increase in government spending on aggregate demand.

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ib intermediate

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

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ib intermediate

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

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ib intermediate

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

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ib intermediate

How many types of money deficits are mainly there in India in the budget?

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ib intermediate

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

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ib intermediate

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

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ib intermediate

Which of the following sentences is INCORRECT about the government budget?

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ib intermediate

The government budget is a statement of estimates of the government receipts and government expenditures for the coming financial year. The financial year for India is the period from ___________ or __________.

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ib intermediate

A government budget is an annual financial statement which outlines estimated government expenditures and expected government receipts or revenues for the forthcoming fiscal year. Depending on the feasibility of these estimates which of the following is NOT the budget type?

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ib intermediate

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

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ib intermediate

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

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ib intermediate

When was first Zero-Based budgeting taken up in India in the Union budget?

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delhi_police intermediate

The 'Slack Session' in the Indian Economy is-

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delhi_police intermediate

Which of the following items is not a part of the non-plan revenue expenditure of the government budget?

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delhi_police intermediate

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

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delhi_police intermediate

What is included in the Capital Account of the Government?

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delhi_police intermediate

What was the final year in which the Rail Budget and the Union Budget were presented as separate entities in India?

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delhi_police intermediate

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

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delhi_police intermediate

What is a revenue deficit in the government budget?

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delhi_police intermediate

Non-Tax revenue is part of __________.
 

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delhi_police intermediate

By what term does the Constitution of India refer to the budget?

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delhi_police intermediate

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

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delhi_police intermediate

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

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delhi_police intermediate

Which of these is NOT a part of capital receipt?

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delhi_police intermediate

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

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delhi_police intermediate

When there is an excess of the total expenditure of the Government over its total receipts, excluding borrowings, it is known as a?

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delhi_police intermediate
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