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Economy MCQ practice free online · page 21

Questions from RRB, NTPC, Group D and JE past papers. Tap an option to check it instantly — every question shows the correct answer, and most carry the explanation the paper gave.

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  1. 201KPSC2016EconomyEnglish

    Match List-I with List-II and select the correct answer using the codes given below the lists. List-I (a) Fiscal deficit (b) Budget deficit (c) Revenue deficit (d) Primary deficit List-II 1. Excess of total expenditure over total receipts 2. Excess of revenue expenditure over revenue receipts 3. Excess of total expenditure over total receipts less borrowing 4. Excess of total expenditure over total receipts less borrowings and interest payment

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    Correct option: A — a-3, b-1, c-2, d-4

  2. 202UPSC1999EconomyEnglish

    Assertion (A): Fiscal deficit is greater than budgetary deficit. Reason (R): Fiscal deficit is borrowing from the Reserve Bank of India plus other liabilities of Government to meet its expenditure. In the context of the given two statements, which of the following is correct?

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    Correct option: B — Both (A) and (R) are true, but (R) is not the correct explanation of (A)

  3. 203UPPSC2002EconomyEnglish

    Consider the following statements and select the correct answer from the codes given below. Assertion (A): Zero-Base Budget has been introduced in India. Reason (R): Zero-Base Budget technique involves critical review of every scheme for which a budgetary provision is made.

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    Correct option: D — (A) is false, but (R) is true

  4. 204Kerala PSC2016EconomyEnglish

    Consider the following statements and select the correct answer using the codes given below. Assertion (A): There is a history of fiscal deficit in Central Government budgets in India. Reason (R): Indian agriculture has enjoyed large amount of subsidies compared to developed countries.

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    Correct option: C — (A) is true, but (R) is false

  5. 205UPPSC2018EconomyEnglish

    As per Union Budget 2018-19, match List-I with List-II and select the correct answer from the codes given below. List-I (Sector) (a) Defence (b) Agriculture and allied activity (c) Subsidy for food (d) Rural development List-II (Budget allocation : in lakh crores) 1. ₹ 1.38 2. ₹ 1.69 3. ₹ 0.63 4. ₹ 2.82

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    Correct option: A — a-4, b-3, c-2, d-1

  6. 206MPPSC1996EconomyEnglish

    Fiscal Policy is concerned with

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    Correct option: B — the policy regarding taxation and expenditure

  7. 207UKPSC2014EconomyEnglish

    Which one of the following is part of fiscal policy?

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    Correct option: B — Tax policy

  8. 208HPSC2004EconomyEnglish

    Fiscal policy means

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    Correct option: C — policy relating to government spending, taxation and borrowing

  9. 209HPSC2014EconomyEnglish

    Which one of the following is NOT the objective of fiscal policy of government of India?

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    Correct option: C — Regulation of inter-state trade

  10. 210UPPSC2014EconomyEnglish

    In India, which one among the following formulates the fiscal policy?

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    Correct option: C — Finance Ministry

Economy practice — common questions

Page 21 of this set has 10 questions on it.

Are these Economy questions free to practise?
Yes. Every question on this page is free and needs no account. Create a free account only if you want your progress saved.
Where do these Economy MCQs come from?
They are taken from official past papers of Indian government recruitment exams such as RRB NTPC, RRB Group D and RRB JE, and each question keeps a reference to the exam it appeared in.
Are the questions available in Hindi?
Yes. Many papers are set in both languages, so a large share of these questions are available in Hindi. Use the language filter at the top of the page.
Do the questions show answers and explanations?
Every question shows the correct option. Where the source paper included a worked solution, the explanation is shown under "Show answer".