CUET Economics 2025 30 May Shift 2 PYQs

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

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

Suppose you are a member of the "Advisory Committee to the Finance Minister of India". The finance minister is concerned about the rising Revenue Deficit in the budget.

Which measure would you suggest to control the rising Revenue deficit of the government ?

The intervention of the government, whether to expand demand or reduce it, constitutes the ............... function.

1. Public production
2. Allocation
3. Redistribution
4. Stabilisation