CUET Economics - All those elements which create liability and decrease the assets of government are known as : | PYQs + Solutions

CUET Economics

Macro

Easy

Capital Receipts

Capital Payments

Revenue Receipts

Revenue Payments

✅ Correct Option: 1

Related questions:

16 May Shift 1

Identify the objectives of government budget from the following.

(A) Opening bank accounts of people.

(B) Economic Stability.

(D) Redistribution of income

Choose the correct answer from the options given below:

13 May Shift 2

From the following, identify the main features of Fiscal responsibility and Budget Management act.

(A) The actual deficits may exceed the targets specified only on grounds of national security or natural calamity or such other exceptional grounds as the central government may specify.

(B) The Act mandates the central government to take appropriate measures to reduce fiscal deficit to not more than 3 percent of GDP

(D) Measures to be taken to ensure greater transparency in fiscal operations.

Choose the correct answer from the options given below:

30 May Shift 1

Arrange the steps involved in preparation of the government budget.

(A) Discussion and approval by the parliament.

(B) Preparation of budget by the Ministry of Finance.

(D) Approval by the Cabinet.

Choose the correct answer from the options given below:

CUET Economics PYQs

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