Adaptive Practice

Government Budget and the Economy

10 questions • Earn up to 107 XP • First attempt — go for 100%!

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Question 1 of 10 ⏱ 0:30
Easy
What is a 'Government Budget'?
Easy
Which of the following is NOT a component of the Government Budget?
Medium
What is meant by 'Revenue Deficit'?
Easy
Which of the following is an example of a revenue receipt for the government?
Medium
If the government’s total expenditure is ₹25 lakh crore and total receipts excluding borrowings are ₹20 lakh crore, what is the fiscal deficit?
Easy
Which of the following best describes a 'Balanced Budget'?
Hard
How does a government budget help in controlling inflation?
Medium
Which of the following is a capital expenditure?
Hard
What is the primary objective of a 'Surplus Budget'?
Hard
Which of the following statements is TRUE regarding the impact of fiscal deficit on the economy?

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