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CUET Economics 2023 PYQs11 June Shift 3. Free, no login required.

Macro

past year questions, CUET Economics 2023 11 June Shift 3

Government Budget

past year questions, Macro, CUET Economics 2023 11 June Shift 3

Medium

Which of the following are sources of revenue expenditure by the Government ?

(A) Repayment of loans

(B) Expenditure on Defence services

(C) Central assistance for states

(D) Interest payments

(E) Lending to commercial banks

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 3

Revenue expenditure is expenditure that does not create assets or reduce liabilities. Defence services expenditure (B), grants/central assistance to states (C), and interest payments (D) are all revenue expenditure. Repayment of loans (A) reduces liabilities, so it is capital expenditure. Lending to banks (E) creates assets, so it is also capital expenditure.

Related questions:

2025: 29 May Shift 1

Match List-I with List-II

List-IList-II
(A) Capital receipts(I) Excess of total expenditure over and above all total receipts of the government
(B) Corporate saving(II) Borrowings of the government
(C) Budget deficit(III) Retained earnings of firm
(D) Fiscal deficit(IV) Create a liability for the government

Choose the correct answer from the options given below:

2025: 29 May Shift 1

Which of the following can help to reduce the Fiscal Deficit?

2025: 28 May Shift 2

The month in which the Goods and Services Tax became operational.

2025: 3 June Shift 2

Which one is not the component of capital receipts?

2026: 15 May Shift 1

Gross Primary Deficit is equal to the difference between Gross Fiscal Deficit and:

2025: 3 June Shift 2

Arrange the following events in chronological order as per the time period.

(A) Gender Budgeting.

(B) Fiscal Responsibility and Budget Management Act.

(C) 101th Constitution Amendment Act.

(D) Goods and Service Tax.

Choose the correct answer from the options given below:

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