Government budget

Front

Objectives of budget: Reallocation of resources, Redistribution of income, Economic stability, All of these

Back

All of these

Front

Which of the following is not non tax revenue receipts of government? Options: Excise duty, Escheat, Special assessment, Fees and fines

Back

Excise duty

Front

Recovery of loan is:

• Revenue receipt
• Capital receipt
• Revenue expenditure
• Capital expenditure

Back

Capital receipt

Front

Payment of loan is:

Back

Capital expenditure

Front

When incidence and burden of tax falls on different persons, what is this type of tax called?

Back

Indirect tax

Front

Fiscal deficit is equal to

Back

Borrowings

Front

Primary deficit = fiscal deficit - ?

Back

Interest payments

Front

When budget receipts are greater than budget expenditure, what is this type of budget called?

Back

Surplus budget

Front

Construction of school building is:
- Capital expenditure
- Revenue receipts
- Revenue expenditure
- Capital receipts

Back

Capital expenditure

Front

When revenue expenditure is greater than revenue receipts it is called

Back

Revenue deficit