Macro

Government Budget

Easy

One kind of deficit in the annual Budget will have to be financed through borrowings. It indicates the total borrowing requirements of the government from all sources it is known as :

Money deficit

Fiscal deficit

Macro deficit

Micro deficit

✅ Correct Option: 2

Fiscal Deficit is defined as the excess of total expenditure over total receipts excluding borrowings. It indicates the total borrowing requirements of the government from all sources to finance its expenditure beyond its receipts.

2026: 11 May Shift 1

Which are the part of plan revenue expenditure ?

A. Expenditure on five-year plans

B. Central assistance for union territories

C. Expenditure on Defence services

D. Expenditure on subsidies and interest payment

Choose the correct answer from the options given below:

2025: 30 May Shift 1

Revenue deficit in the government budget can be managed through:-

(A) Borrowings from RBI.

(B) Disinvestment.

(D) Borrowings from the general public.

Choose the correct answer from the options given below:

2023: 29 May Shift 2

From the following data, Calculate Primary Deficit.

	Rs (crore)
Revenue expenditure	22,250
Capital expenditure	28,000
Revenue receipts	17,750
Capital receipts (net of borrowing)	20,000
Interest payment	5,000
Borrowings	12,500

2025: 15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Interest received from abroad	(I) revenue expenditure
(B) Partial repayment of loan	(II) capital expenditure
(C) Selling of equity of PSUs by the government	(III) revenue receipt
(D) Salaries given to government employees	(IV) capital receipt

Choose the correct answer from the options given below:

2026: 12 May Shift 1

The government expenditure multiplier is calculated by which of the following:

2025: 13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Public Provision	(I) No feasible way to deny anyone to use public goods.
(B) Stabalisation Function	(II) Goods are produced directly by the government.
(C) Non-Excludable	(III) Financed through the budget and can be used without any direct payment.
(D) Public Production	(IV) Whether to expand demand or reduce it.

Choose the correct answer from the options given below:

One kind of deficit in the annual Budget will have to be financed through borrowings. It indicates the total borrowing requirements of the government from all sources it is known as :

Solution

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