Macro

Government Budget

Medium

Match List-I with List-II

List-I List-II
(A) Revenue Budget (I) Dissaving.
(B) Capital Account (II) Present Fiscal Imbalances.
(C) Revenue Deficit (III) Current Financial Year.
(D) Primary Deficit (IV) Assets and Liabilities.

Choose the correct answer from the options given below:

List-I	List-II
(A) Revenue Budget	(I) Dissaving.
(B) Capital Account	(II) Present Fiscal Imbalances.
(C) Revenue Deficit	(III) Current Financial Year.
(D) Primary Deficit	(IV) Assets and Liabilities.

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 4

The revenue budget shows receipts and expenditure of the current financial year, so (A)-(III). The capital account records the government's assets and liabilities, so (B)-(IV). A revenue deficit means the government is dissaving, using up savings of other sectors, so (C)-(I). The primary deficit (fiscal deficit minus interest payments) reflects present fiscal imbalances, excluding obligations from past borrowing, so (D)-(II).

2023: 11 June Shift 3

Which deficit includes only such transactions that affect the current income and expenditure of the government ?

2022: 30 Aug Shift 2

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

2025: 22 May Shift 2

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

2026: 11 May Shift 2

Which of the following will be part of Revenue Expenditure?

A. Subsidies on exports.

B. Interest payments on debt incurred by the government.

C. Loans and advances by the central government to state government.

D. Salaries paid to the government employees.

Choose the correct answer from the options given below:

2025: 29 May Shift 1

Which of the following can help to reduce the Fiscal Deficit?

2025: 30 May Shift 2

Which of the following best explains the constitutional aspect of Goods and Services Tax implementation in India?

Match List-I with List-II List-IList-II(A) Revenue Budget(I) Dissaving.(B) Capital Account(II) Present Fiscal Imbalances.(C) Revenue Deficit(III) Current Financial Year.(D) Primary Deficit(IV) Assets and Liabilities. Choose the correct answer from the options given below:

Solution

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CUET Economics Past Year Questions (Topic-Wise)

Match List-I with List-II

List-I List-II
(A) Revenue Budget (I) Dissaving.
(B) Capital Account (II) Present Fiscal Imbalances.
(C) Revenue Deficit (III) Current Financial Year.
(D) Primary Deficit (IV) Assets and Liabilities.

Choose the correct answer from the options given below: