Macro

Government Budget

Easy

Which of the following is related to public provision?

They are financed through the budget and can be used without any direct payment.

They are financed through the ministries and can be used as indirect payment.

They are financed through the budget and can't be used with any direct payment.

They are financed through the committee and can't be used as direct payment.

✅ Correct Option: 1

Public provision means goods and services, typically public goods, are financed through the government budget and made available so that users need not make any direct payment for them. Hence option 1 states the correct definition.

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Wealth tax and gift tax have never bought in large amount of revenue for the government and thus are referred to as _______.

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The government expenditure multiplier is calculated by which of the following:

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

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Strategic transfer of ownership of Air India will lead to:

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Choose the non-planned budgetary expenditure from the following:

(A) Central assistant to state.

(B) Defence Services.

(D) Salaries and Pensions.

Choose the correct answer from the options given below:

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Match the LIST-I with LIST-II

LIST-I		LIST-II
A. Tax revenue	I.	Interest receipts
B. Non-tax revenue	II.	Sale of shares in Public Sector Units
C. Capital receipts	III.	Loans from another country
D. Debt creating receipts	IV.	Corporation tax

Choose the correct answer from the options given below:

Which of the following is related to public provision?

Solution

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