Match List-I with List-II : Option 1: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) Option 2: (A) - (III), (B) - (I), (C) - (IV), (D) - (II) Option 3: (A) - (I), (B) - (III), (C) - (IV), (D) - (II) Option 4: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Answer: (A) - (III), (B) - (I), (C) - (IV), (D) - (II). Solution: Annual Financial Statement → (III) Main budget document : This document outlines the government's financial plans. Capital Receipts → (I) Create liabilities : These are funds raised by the government, increasing debt. Capital Payment → (IV) Create financial assets : Payments that acquire assets or reduce debt. Export - Import → (II) Trade surplus : Difference when exports exceed imports. Thus, the correct matches are: (A) - (III), (B) - (I), (C) - (IV), (D) - (II).

Macro

Government Budget

Easy

Match List-I with List-II
List-I (Elements)	List-II (Features)
(A) Annual Financial Statement	(I) Create liabilities or reduce financial assets
(B) Capital Receipts	(II) Trade surplus
(C) Capital Payment	(III) Main budget document
(D) Export - Import	(IV) Create financial assets or reduce liabilities

Match List-I with List-II :

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 2

Annual Financial Statement → (III) Main budget document: This document outlines the government's financial plans.
Capital Receipts → (I) Create liabilities: These are funds raised by the government, increasing debt.
Capital Payment → (IV) Create financial assets: Payments that acquire assets or reduce debt.
Export - Import → (II) Trade surplus: Difference when exports exceed imports.

Thus, the correct matches are: (A) - (III), (B) - (I), (C) - (IV), (D) - (II).

2025: 3 June Shift 2

The sales of bread have increased from 10 units to 15 units. Suppose the government imposed a unit tax of Rs. 5 on current production, then the total tax that the firm must pay to the government is?

2025: 14 May Shift 1

The excess of Government's Revenue Expenditure over Revenue Receipts is called...............

Revenue Deficit
Fiscal Deficit
Monetary Deficit
Primary Deficit

2025: 21 May Shift 1

Which of the following taxes is a tax levied by the state governments that has been subsumed under GST?

2026: 23 May Shift 1

Which of the following statements explain the objectives (functions) of government budget?

A. Provide goods which are non-rivalrous in nature

B. Intervenes to stabilise the aggregate demand

C. Can stabilise economy through change in bank rate

D. Can change distribution of income and bring distribution which is fair by society

Choose the correct answer from the options given below:

2026: 6 June Shift 1

If the quantity of any good remains available the same after consuming by people such goods are called?

2022: 15 July Shift 2

PM Gati Shakti- National master plan for multi-modal connectivity is an example of:

Match List-I with List-II :

Solution

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