CUET Economics 2025 16 May Shift 1 PYQs

Identify from the following, the three functions that operate through the expenditure and receipts of the government are ......

The priorities of the government in the fiscal area, examining current policies and justifying any deviation in important fiscal measures, are set under ..........statement.

1. Medium-term Fiscal Policy
2. The Fiscal Policy Strategy
3. The Macroeconomic Framework
4. Fiscal Responsibility and Budget Management Act

Which of the following statements about national debt are correct?

(A) Deficit can be thought of as a flow variable which adds to the stock of debt

(B) The government finances debt through taxation, borrowing or printing money

(C) Debt owned to foreigners involves a higher burden than debt owned to domestic agents and institutions

(D) Government's debt financing crowds out private borrowers in financial markets

Choose the correct answer from the options given below:

1. (A), (B) and (D) only
2. (A), (B) and (C) only
3. (A), (B), (C) and (D)
4. (B), (C) and (D) only