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Economy MCQ practice free online · page 21

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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
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)
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
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
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
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206MPPSC1996EconomyEnglish
Fiscal Policy is concerned with
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Correct option: B — the policy regarding taxation and expenditure
207UKPSC2014EconomyEnglish
Which one of the following is part of fiscal policy?
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Correct option: B — Tax policy
208HPSC2004EconomyEnglish
Fiscal policy means
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Correct option: C — policy relating to government spending, taxation and borrowing
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
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.

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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.

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Economy MCQ practice free online · page 21

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?

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.

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.

Fiscal Policy is concerned with

Which one of the following is part of fiscal policy?

Fiscal policy means

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

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

Economy practice — common questions