CUET Economics 2026 13h May Shift 2 PYQs

Which of the following are sources of revenue expenditure by the Government ?

(A) Repayment of loans

(B) Expenditure on Defence services

(C) Central assistance for states

(D) Interest payments

(E) Lending to commercial banks

Choose the correct answer from the options given below :

Identify Indirect Tax among the following :

Due to recessionary pressure in an economy, suppose the government plans a deficit budget for a given financial year.

Identify the correct sequence in which this will affect the economy.

(A) Taxes will be reduced, and public spending will increase.

(B) GDP will start rising.

(C) Aggregate demand will rise.

(D) The purchasing power of the people will increase.

Choose the correct answer from the options given below: