CUET Economics Macro > Government Budget PYQs

Rs. 50

Rs. 75

Rs. 25

Rs. 15

1 April to 31 March.

1 January to 31 December.

1 July to 30 June.

1 May to 30 April.

Tax Revenue.

Recovery of Loans.

Public Sector Undertaking Disinvestment.

Borrowings and Other Liabilities.

1. (A), (B), (C), (D)

2. (B), (A), (C), (D)

3. (B), (A), (D), (C)

4. (C), (B), (D), (A)

Lump-sum Taxes.

Proportional Taxes.

Non-income Taxes.

Service Taxes.

1

2

3

4

1

2

3

4

capital, decrease in assets

revenue, increase in assets

capital, increase in liabilities

revenue, decrease in liabilities

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

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

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

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

Reallocation of resources

Regional equality

Redistribution of income

Economic instability

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B) and (C) only

(B), (C) and (D) only

(A), (C) and (D) only

(B), (C) and (D) only

(A), (B), (C) and (D)

(A), (B) and (D) only

(B) and (D) only

(A) and (D) only

(C) and (D) only

(A) and (C) only

Fiscal Deficit = Interest Payments.

Fiscal Deficit > Interest Payments.

Revenue deficit < Interest payments.

Fiscal Deficit < Interest Payments.

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Public Provision.

Public Production.

Public Goods.

Private Goods.

Non -Public good which is non-rival and non excludable in consumption.

Public good which is non-rival and non excludable in consumption.

Non -Public good which is rival and non-excludable in consumption.

Public good which is rival and non-excludable in consumption.

directly borrowed from the public through debt instruments.

Borrowing from Federal body of banking system.

Gross fiscal deficit.

Borrowing from abroad through debt instruments.

Opening up of 11 Central University in next 5 years worth of 20,000 cr from annual budget 2024-25, BSNL.

Airtel, BSNL.

AIIMS, Coal India Limited.

5 lacs brick homes to people from 'Below Poverty Line' strata, Loan of up to 10 lac to women entrepreneurs.

Medium Term Fiscal Policy Statement, Fiscal Policy Strategy Management, and The Macroeconomic Framework Statement.

Medium Term Fiscal Policy Statement, Quarterly Macroeconomic Policy, and Microeconomic Accounting standard.

Fiscal Policy Review Report , Fiscal Policy Recommended Report, Field Survey on Macroeconomic Benchmarks.

Annual Stock Performance Data, Field Surveys on Unemployment Report, Citizen Feedback on Economy Data.

104th Constitutional Ammendment and Introduction of Article 26A.

101 Constitutional Amendment and Introduction of Article 246A.

101st Constitutional Amendment and Introduction of Article 26A.

104th Constitutional Ammendment and Introduction of Article 24A.

(A), (D), (B), (C)

(B), (D), (A), (C)

(B), (A), (D), (C)

(A), (B), (D), (C)

(A), (B) and (C) only

(A), (B) and (D) only

(A) and (D) only

(B), (C) and (D) only

Recovery of loans.

Financial aid from MNC for victims in a flood affected area.

Borrowings from IMF.

Dividend paid by State Bank of India to the Government.

(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) - (II), (D) - (II)

Discretionary fiscal policy.

Government expenditure multiplier.

Automatic stabiliser.

Tax multiplier.

Redistribution function.

Stabilization function.

Fiscal policy.

Taxation.

Public goods.

Public provision.

Public production.

Private goods.

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

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

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

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

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(A) and (C) only

Increasing Subsidies.

Increasing proceeds from the sale of PSUs.

Investing in improving public goods.

Decreasing the burden and incidence of tax.

2016

2018

2017

2014

Total expenditure - Total Revenue.

Gross fiscal deficit - Net interest liabilities.

Net borrowing at home + Borrowing from RBI + Borrowing from abroad.

Total expenditure - (Revenue receipts + Non-debt creating capital receipts).

Lump-sum taxes.

Direct taxes.

Non-income taxes.

Indirect taxes.

Revenue deficit.

Fiscal deficit.

Primary Deficit.

Budgetary deficit.

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

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

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

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

(A), (B) and (C) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Reallocation of resources.

Economic Stability.

Balanced regional development.

Redistribution of income.

Allocation function of the government.

Redistribution function of the government.

Stabilisation function of the government.

Public provision by the government.

Fiscal Deficit.

Primary Deficit.

Revenue Deficit.

Monetary Deficit.

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

2001

2002

2003

2004

Indirect tax.

Lump-sum tax.

Proportional tax.

Corporate tax.

Allocation, Distribution and Stabilisation.

Reallocation, Stabilisation and Redistribution.

Allocation, Stabilisation and Equilibrium.

Allocation, Redistribution and Stabilisation.

Government expenditure.

Government surplus.

Government budget.

Government debt.

Automatic stabiliser.

Government spending.

Fiscal policy.

Monetary policy.

(A), (B) and (D) only

(A), (B) and (C) only

(B) and (D) only

(C) and (D) only

1

2

3

4

1

2

3

4

1

2

3

4

(A), (B), (C), (D)

(A), (D), (C), (B)

(B), (A), (D), (C)

(C), (B), (D), (A)

1

2

3

4

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

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

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

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

1 July, 2017.

1 April, 2017.

1 July, 2016.

1 April, 2016.

(A) and (D) only

(B) and (C) only

(C) and (D) only

(A), (C) and (D) only

Rivalrous and excludable.

Rivalrous and non-excludable.

Non-Rivalrous and non-excludable.

Non-rivalrous and excludable.

Financing expenditure

Financing borrowing

Financing Taxation

Financing deficit

Public production

Allocation

Redistribution

Stabilisation

Borrowing from abroad

Net factor income from abroad

Net Interest liabilities.

Transfers payments

Revenue Deficit

Fiscal Deficit

Monetary Deficit

Primary Deficit

Medium-term Fiscal Policy

The Fiscal Policy Strategy

The Macroeconomic Framework

Fiscal Responsibility and Budget Management Act

Stabalization Function.

Allocative Function.

Redistribution function.

Transactory Function.

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

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

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

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

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

Allocative Function

Distribution Fuction

Stabilization Function

Fiscal Function.

Consolidated Fund of India

Public Account

Union Budget

Contingency Fund

Capital Receipts

Capital Payments

Revenue Receipts

Revenue Payments