BUDGET DEYS ppt

Which of the following is an example of capitalexpendi-ture of the government?

(a) Expenditure on the acquisition of land, building,ma-chinery and equipment.

(b) Investment in shares

(c) Loans and advances by the central government to state and union territory governments, PSUs and

other parties

(d) All of the above

• a

• b

• c

• d

Loans to State Governments and Union Territory Gove-rnments are a part of

(a) Revenue receipts

(b) Capital receipts

(c) Capital expenditure

(d) Plan revenue expenditure

• a

• b

• c

• d

Which of the following is a capital receipt in the conte-xt of government budget?

(a) Interest receipts

(b) External grants

(c) Provident funds

(d) Personal Income tax

• a

• b

• c

• d

The non-tax revenue in the following is:

(a) Export duty

(b) Import duty

(c) Dividends

(d) Excise

• a

• b

• c

• d

Which one of the following is a combination of direct taxes?

(a) Excise duty and Wealth tax

(b) Service tax and Income tax

(c) Excise duty and Service tax

(d) Corporation tax and Personal income tax

• a

• b

• c

• d

Which of the following is not a revenue receipt?

(a) Recovery of loans

(b) Foreign grants

(c) Profits of public enterprises

(d) Wealth tax

• a

• b

• c

• d

Direct tax is called direct because it is collected directly from:

(a) The producers on goods produced

(b) The sellers on goods sold

(c) The buyers of goods

(d) The income earners

• a

• b

• c

• d

Which one of these is a revenue expenditure?

(a) Purchase of shares

(b) Loans advanced

(c) Subsidies

(d) Expenditure on acquisition of land

• a

• b

• c

• d

Loans to state government are a part of:

(a) revenue receipts

(b) capital receipts

(c) capital expenditure

(d) plan revenue expenditure

• a

• b

• c

• d

Which one of these is revenue expenditure?

(a) purchase of shares

(b) loan advanced

(c) subsidies

(d) expenditure on acquisition of land

• a

• b

• c

• d