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

(A) Borrowings from RBI.

(B) Disinvestment.

(C) Increasing Subsidy.

(D) Borrowings from the general public.

Choose the correct answer from the options given below:

Identify direct taxes from the following :

(A) Goods and Services Tax

(B) Corporate Tax

(C) Capital Gains Tax

(D) Value Added Tax

Choose the correct answer from the options given below :

Goods that possess characteristics of excludability and rivalry are known as___.

Identify the tax imposed by the government that do not depend on income.

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

1. Revenue Deficit
2. Fiscal Deficit
3. Monetary Deficit
4. Primary Deficit

Identify the correct statements from the following:

A. Revenue expenditure is any lay out that result in a decrease in financial assets or an increase in financial liabilities

B. Capital expenditure is expenditure which results in creation of financial assets or reduction in financial liabilities

C. Capital receipts are receipts which leads to reduction in financial assets or creation of liability

D. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liability

E. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability

Choose the correct answer from the options given below:

The difference between the government's total expenditure and its total receipts excluding borrowing.