BUDGET

MCQ
1. Under which one of the following Articles of the 3. The fiscal policy in India uses which of the following

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Constitution of India, a statement of estimated tools?
receipts and expenditure of the Government of India Hkkjr esa jktdks"kh; uhfr] fuEufyf[kr lk/uksa esa ls fdudk iz;ksx

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has to be laid before the Parliament in respect of djrh gS\
every financial year? 1. Bank rate/cSad nj
Hkkjr ds lafo/ku ds fuEufyf[kr esa ls fdl vuqPNsn ds v/hu] 2. Open market operations/eqÙkQ cktkj lafØ;k,¡
izR;sd foÙkh; o"kZ ds fy, Hkkjr ljdkj dh izkDdfyr izkfIr;ksa3. Public debt/ljdkjh ½.k
vkSj O;; dk ,d fooj.k laln ds le{k j[kk tkrk gS\ 4. Public revenue/yksd jktLo
(A) Article 110 (B) Article 111 Select the correct answer using the code given below.

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(C) Article 112 (D) Article 113 uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,&
2. Match List-I with List-II and select the correct (A) 1 and 2 only (B) 2 and 4 only
answer using the code given below the Lists: (C) 3 and 4 only (D) 2, 3 and 4
lwph-I dks lwph&
II ds lkFk lqesfyr dhft, vkSj lwfp;ksa ds uhps
4. Which one of the following is not a component of
fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%
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Revenue Receipts of the Union Government?
List-I/lwph -I List-II/lwph-II fuEufyf[kr esa ls dkSu&lk la?k ljdkj dh jktLo izkfIr;ksa dk
(Type of Deficit) (Explanation) ?kVd ugha gS\
(?kkVs dk izdkj) (O;k[;k) (A) Corporate tax receipts/fuxfer dj izkfIr;k¡
Dividends and profits/ykHkka'k rFkk ykHk
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a. Fiscal Deficit 1. Total Expenditure – (B)
Revenue Receipts & Non- (C) Disinvestment receipts/fofuos'k izkfIr;k¡
debt (D) Interest receipts/C;kt izkfIr;k¡
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foÙkh; ?kkVk 1. dqy O;; & jktLo izkfIr;k¡ ,oa

5. There has been a persistent deficit budget year after
½.kjfgr iw¡thxr izkfIr;k¡ year. Which of the following actions can be taken by
b. Revenue Deficit 2. Revenue Expenditure – the government to reduce the deficit?
Revenue Receipts o"kZ&izfro"kZ fujarj ?kkVs dk ctV jgk gSA ?kkVs dks de djus
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jktLo ?kkVk 2. jktLo O;; & jktLo izkfIr;k¡ fy, ljdkj }kjk fuEufyf[kr esa ls dkSu&lh dkjZokbZ@dkjZokb;k¡
c. Effective Revenue Deficit 3. Revenue Deficit – Grants dh tk ldrh gS@gSa\
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for Creation 1. Reducing revenue expenditure

izHkkoh jktLo ?kkVk 3. jkt L o ?kkVk & i w ¡ t h x r jktLo&O;; esa deh ykuk
ifjlEifÙk;ksa ds ltZu gsrq vuqnku2. Introducing new welfare schemes
d. Primary Deficit 4. Fiscal Deficit – Interest ubZ dY;k.kdkjh ;kstuk,¡ vkjEHk djuk
Payment 3. Rationalizing subsidies
izkFkfed ?kkVk 4. foÙkh; ?kkVk & C;kt Hkqxrku minkuksa (lfClMht) dk ;qÙkQhdj.k djuk
Code: 4. Expanding industries
a b c d m|ksxksa dk foLrkj djuk
(A) 1 2 3 4 Select the correct answer using the code given below:
(B) 1 3 2 4 uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,A
(C) 4 2 3 1 (A) 1 and 3 only (B) 2 and 3 only
(D) 4 3 2 1 (C) only 1 (D) 1, 2, 3 and 4

Rashid Sir || 1 ||
6. Which of the following is/are included in the capital 8. Which of the following are included in the Capital
budget of the Government of India? account of the Budget?
fuEufyf[kr esa ls fdldks@fdudks Hkkjr ljdkj ds iw¡th ctV esa
ctV ds iwath [kkrs esa fuEufyf[kr esa ls dkSu&ls 'kkfey gSa\
'kkfey fd;k tkrk gS\
1. Disinvestment proceeds
1. Expenditure on acquisition of assets like roads,
buildings, machinery etc. fofuos'k izkfIr
lM+dksa] bekjrksa] e'khujh vkfn tSlh ifjlaifÙk;ksa ds vf/xzg.k
2. ij
Borrowings from RBI
O;; RBI ls fy;k x;k m/kj
2. Loans received from foreign governments.

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3. Loans to state governments
fons'kh ljdkjksa ls izkIr ½.k
fn;k tkus okyk ½.k

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3. Loans and advances granted to the States and
4. Interest paid on loans
Union Terriotorics.
½.k ij fn;k x;k C;kt
jkT;ksa vkSj la?k jkT; {ks=kksa dks vuqnÙk ½.k vkSj vfxze
Select the correct answer using the code given below. Select the correct answer using the code given below.
uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,& uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,A
1 and 3 only/dsoy 1 vkSj3

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(A) only 1 (B) 2 and 3 only (A)
(C) 1 and 3 only (D) 1, 2 and 3
(B) 2 and 4 only/dsoy 2 vkSj4
7. Which of the following statements best explains Zero
(C) 1, 2 and 3 only/dsoy 1, 2 vkSj3
Based Budgeting?
(D) 2, 3 and 4 only/dsoy 2, 3 vkSj4
fuEufyf[kr dFkuksa esa ls dkSu&lk ^'kwU; vk/kfjr
(ZBB)ctV*
dh
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loZJs"B O;k[;k djrk gS\ 9. Consider the following statements about 'capital
(A) It takes last year's actual figures and adds or receipts':
subtracts a percentage to obtain the current year's ^iawthxr izkfIr;ksa* ds lanHkZ esa fuEufyf[kr dFkuksa ij fop
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budget.
dhft,%
;g fiNys o"kZ ds okLrfod vkadM+s ysrk gS vkSj orZeku o"kZ ds
1. They either create a liability or reduce an asset of
ctV dks izkIr djus ds fy, muesa dqN izfr'kr tksM+rk ;k ?kVkrk
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the government.
gSA
(B) It is a method of budgeting in which all expenses ;s ;k rks dksbZ nkf;Ro dk fuekZ.k djrh gSa vFkok ljdkj dh
must be justified for each new period. fdlh laifÙk dks de djrh gSaA
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;g ctV rS;kj djus dh ,d fof/ gS ftlesa izR;sd ubZ vof/ 2. Borrowings and disinvestment are examples of
ds fy, lHkh O;;ksa dk vkSfpR; fu/kZfjr fd;k tkuk vko';d Capital Receipts.
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gksrk gSA
½.k vkSj fofuos'k iawthxr izkfIr;ksa ds mnkgj.k gSaA
(C) It is a practice of suggesting and listing of estimated
3. They are regular and recurring in nature.
outcomes of each programmes or schemes
designed. ;s izÑfr esa fu;fer vkSj vkorhZ gksrh gSaA
;g rS;kj fd, x, izR;sd dk;ZØe ;k ;kstuk ds vuqekfur Which of the statements given above is/are correct?
ifj.kkeksa dk lq>ko nsus vkSj mUgsa lwphc¼ djus dk mi;ZqDr
vH;kl gSAdFkuksa esa ls dkSu&lk@ls lgh gS@gSa\
(D) It is a method of calculating the income and
(A) 1 only/dsoy 1
expenditure without measuring the underlying
(B) 1 and 2 only/dsoy 1 vkSj2
performance.
;g varfuZfgr izn'kZu dh eki fd, fcuk vk; vkSj O;; dh (C) 1 and 3 only/dsoy 1 vkSj3
x.kuk djus dh ,d fof/ gSA (D) 1, 2 and 3/1, 2 vkSj3
Rashid Sir || 2 ||
10. According to the Fiscal Responsibility and Budget
Management rules, rolling targets have been set for
certain indicators. Which of the following are the
components of the rolling targets?
jktdks"kh; mÙkjnkf;Ro ,oa ctV izca/u fu;eksa ds vuqlkj] dqN
ladsrdksa ds fy, jksfyax y{; fu/kZfjr fd, x, gSaA fuEufyf[kr esa
ls dkSu&ls jksfyax y{;ksa ds ?kVd gSa\
1. Fiscal deficit as a percentage of the GDP.
thMhih ds izfr'kr ds :i esa jktdks"kh; ?kkVk
12. Consider the following statements:
fuEufyf[kr dFkuksa ij fopkj dhft,%
1. An increase in fiscal deficit indicates government
is resorting to borrowings to meet its day-to-day
expenses.
jktdks"kh; ?kkVs esa o`f¼ bafxr djrh gS] fd ljdkj vius
fnu&izfrfnu ds [kpksZa dks iwjk djus ds fy, ½.k dk lgkjk ys
jgh gSA
2. A higher revenue deficit is more dangerous than a
higher fiscal deficit in the economy.
,d mPp jktLo ?kkVk vFkZO;oLFkk esa ,d mPp jktdks"kh; ?

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2. Tax revenue as a percentage of the GDP.
thMhih ds izfr'kr ds :i esa dj jktLo dh rqyuk esa vf/d [krjukd gSA
Which of the statements given above is/are correct?

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3. Foreign debt as a percentage of the GDP.
mi;qZDr dFkuksa esa ls dkSu&lk@ls lgh gS@gSa\
thMhih ds izfr'kr ds :i esa fons'kh ½.k
(A) 1 only/dsoy 1
4. GDP growth rate
(B) 2 only/dsoy 2
thMhih fodkl nj
(C) Both 1 and 2/1 vkSj2 nksuksa
Select the correct answer using the code given below:
(D) Neither 1 nor 2/u rks1, u gh 2
uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%

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13. What are the components of Revenue Expenditure
(A) 1 and 2 only/dsoy 1 vkSj2 of Central Government?
(B) 1, 2 and 3 only/dsoy 1, 2 vkSj3 fuEufyf[kr esa dkSu&lk dsaæ ljdkj dk jktLo O;; gS\
(C) 2 and 4 only/dsoy 2 vkSj4 1. Interest paid to the states
(D) 1, 2, 3 and 4/1, 2, 3 vkSj4 jkT;ksa dks fn;k x;k C;kt
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11. Consider the following statements about the targets 2. Grants
prescribed under the Fiscal Responsibility and Budget ennjkf'k
Management Act, 2003: 3. Pension

jktdks"kh; mÙkjnkf;Ro ,oa ctV izca/u vf/fu;e]

2003 ds isa'ku
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4. Loan given to the states by the centre
varxZr fu/kZfjr y{;ksa ds lanHkZ esa fuEufyf[kr dFkuksa ij fopkj
dhft,% dsaæ }kjk jkT;ksa dks fn;k x;k ½.k
Select the correct answer using the code given below:
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(A) The Central Government to reduce the fiscal deficit

uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%
to 3% of GDP.
(A) 3 and 4 only (B) 1 and 4 only
dsanz ljdkj jktdks"kh; ?kkVs dks3%
thMhih
rd deds
djsxhA
(C) 2, 3 and 4 only (D) 1, 2 and 3 only
(B) The Central Government to reduce its debt to the 14. Which of the following expenditures are considered
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level of 40% of the GDP. as Non-Developmental expenditure?

dsanz ljdkj vius ½.k dks thMhih
40%dsds Lrj rd de fuEufyf[kr esa ls dkSu&ls O;;ksa dks xSj&fodklkRed O;; ds :i
djsxhA esa lanfHkZr fd;k tkrk gS\
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(C) General Government Debt to be reduced to the level 1. Expenditure on Administration

of 60% of the GDP.
iz'kklu ij O;;
2. Maintenance of law and order
lkekU; ljdkjh ½.k dks thMhih60%
ds ds Lrj rd ?kVk;k
dkuwu vkSj O;oLFkk dk izca/u
tk,xkA 3. Cost of tax collection
(D) The Central Government not to give additional dj laxzg.k dh ykxr
guarantees with respect to any loan on security of Select the correct answer using the code given below:
the Consolidated Fund of India in excess of 0.5% uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,A
of the GDP in any financial year. (A) 1 and 2 only/dsoy 1 vkSj2
dsanz ljdkj] fdlh Hkh foÙkh; o"kZ esa] ldy ?kjsyw mRikn (B) and 3 only/dsoy 2 vkSj3
2ds
0.5% ls vf/d Hkkjr ds lesfdr dks"k dh lqj{kk ij fdlh Hkh (C) 1 and 3 only/dsoy 1 vkSj3
½.k ds laca/ esa
vfrfjDr xkjaVh nsxhA (D) 1, 2 and 3/1, 2 vkSj3

Rashid Sir || 3 ||
15. Consider the following statements: 17. Which of the following statements is/are correct
about the Fiscal Responsibility Management Act
fuEufyf[kr dFkuksa ij fopkj dhft,%
(FRBMA), 2003?
1. The Fiscal Responsibility and Budget Management fuEufyf[kr esa dkSu&lk dFku
(FRBMA), 2003 ds vuqlkj lgh
(FRBM) Act was enacted in 2003, which set targets gS\
for the government to reduce fiscal deficits. 1. States need to take prior permission from the
central government for market borrowing.
2003 esa jktdks"kh; mÙkjnkf;Ro ,oa ctV izca/u (,iQvkjch,e)
jkT;ksa dks cktkj ls ½.k ysus ls igys dsaæ dh vuqefr t:jh gSA
vf/fu;e vf/fu;fer fd;k x;k Fkk] tks jktdks"kh; ?kkVs dks
2. It aimed to reduce Fiscal deficit and revenue deficit
dke djus gsrq ljdkj ds fy, y{; fu/kZfjr djrk gSA contingent liabilities and total liabilities.
2. The central government set up a committee under bldk y{; jktdks"kh; ?kkVk o jktLo ?kkVk dks dqy nkf;Ro ds

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N. K. Singh to review the FRBM Act. izklafxd djuk gSA
dsanz ljdkj us ,iQvkjch,e vf/fu;e dh leh{kk ds fy, ,u- Select the correct answer using the code given below:

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ds flag dh vè;{krk esa ,d lfefr dk xBu fd;k FkkA uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%
(A) 1 only (B) 2 only
Which of the statements given above is/are correct?
(C) Both 1 and 2 (D) Neither 1 nor 2
mi;qZDr dFkuksa esa ls dkSu&lk@ls lgh gS@gSa\ 18. Which of the following are non-tax revenue sources
(A) 1 only/dsoy 1 of the government?
(B) 2 only/dsoy 2 fuEufyf[kr esa ls dkSu&lk xSj dj vk; dk lzksr gS\

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1. Disinvestment receipts
(C) Both 1 and 2/1 vkSj2 nksuksa
fofuos'k izkfIr
(D) Neither 1 nor 2/u rks1, u gh 2 2. Fees/iQhl
16. Consider the following pairs: 3. Dividends from Public Sector Undertakings
fuEufyf[kr ;qXeksa ij fopkj dhft,% ljdkjh daifu;ksa ls izkIr ykHkka'k
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Select the correct answer from the code given below.
Deficit Description
uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%
?kkVk o.kZu
(A) 1 and 2 only (B) 2 and 3 only
1. Effective : Fiscal deficit- interest payments (C) 1 and 3 only (D) 1, 2 and 3
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Revenue Deficit 19. Recently, the government is taking various fiscal
izHkkoh jktLo % jktdks"kh; ?kkVk % C;kt Hkqxrku policy measures to tackle the slowdown in the
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economy. In this context, which of the following may

?kkVk be termed as 'counter-cyclical fiscal policy'
2. Primary Deficit : Revenue Deficit-grants for the measures?
creation of capital assets gky gh esa ljdkj vFkZO;oLFkk esa eanh ls fuiVus ds fy, fofHkÂ
izkFkfed ?kkVk jktdks"kh;
jktLo ?kkVk & iwathxr ifjlaifÙk;ksa ds uhfrxr mik; dj jgh gSA bl lanHkZ esa fuEufyf[kr esa
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ls fdUgsa ^izfrpØh; jktdks"kh; uhfr*

dgk tk ldrk gS\
fuekZ.k gsrq vuqnku 1. Reduction in corporate tax rates
3. Monetised Deficit : Government deficit financed by fuxe dj dh njksa esa deh
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borrowing from the RBI. 2. Bank recapitalisation

ekSnzhÑr ?kkVk RBI ls m/kj ysdj foÙkiksf"kr fd;k cSad iquiwZathdj.k
x;k ljdkjh ?kkVkA 3. Setting up of alternate investment fund in the real
estate sector
Which of the pairs given above is/are correctly
fj;y ,LVsV {ks=k esa oSdfYid fuos'k dks"k dh LFkkiuk
matched?
4. Strategic disinvestment of Central Public Sector
mi;qZÙkQ ;qXeksa esa ls dkSu&lk@ls lgh lqesfyr gS@gSa\ Enterprises
(A) 3 only/dsoy 3 dsanzh; lkoZtfud {ks=k ds m|eksa dk j.kuhfrd fofuos'k
Select the correct answer using the code given below:
(B) 1 and 2 only/dsoy 1 vkSj2
uhps fn, x, dwV dk iz;ksx dj lgh mÙkj pqfu,%
(C) 2 and 3 only/dsoy 2 vkSj3
(A) 1 and 2 only (B) 1 and 3 only
(D) 1, 2 and 3/1, 2 vkSj3 (C) 2 and 4 only (D) 1, 2, 3 and 4

Rashid Sir || 4 ||
20. Budget deficit may lead to - 23. With reference to revenue deficit, consider the
ctV ?kkVs ls D;k izHkko gksrk gS\ following statements:
jktLo ?kkVs ds lanHkZ esa] fuEufyf[kr dFkuksa ij fopkj dhft,%
1. Rise in the interest rates
1. It includes only those transactions that affect
C;kt nj esa o`f¼ current income and expenditure of government.
2. Fall in value of currency blesa dsoy orZeku O;; o orZeku vk; dks izHkkfor djus okys
eqnzk ds eku esa deh ysu&nsu dks 'kkfey fd;k tkrk gSA
3. Increase in currency circulation 2. It show the current borrowing by the
government.
djsalh izokg esa o`f¼
;g ljdkj dh orZeku ½.k n'kkZrk gSA

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Which of the statements given above is/are
3. As per the FRBM Act, the government is required
correct?

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to reduce the revenue deficit to 3% of the GDP.
mi;qZDr dFkuksa esa ls dkSu&lk@ls lgh gS@gSa\ ,iQvkjch,e vf/fu;e ds vuqlkj ljdkj jktLo ?kkVs dks
(A) 1 and 2 only (B) 1, 2 and 3 thMhih ds 3 izfr'kr rd ?kVkuk pkgrh gSA
(C) 1 and 3 only (D) 2 and 3 only Which of the statements given above is/are
21. Which of the following developments can occur correct?

in an economy due to deficit financing? (A) 1 only (B) 1 and 2 only

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(C) 2 and 3 only (D) 1, 2 and 3
?kkVs dh foÙk O;oLFkk ds dkj.k vFkZO;oLFkk ij D;k izHkko iM+rk
24. Fiscal deficit in the union budget is equal to -
gS\
dsanzh; ctV esa jktdks"kh; ?kkVk fdlds cjkcj gksrk gS\
1. Rise in inflation
(A) Net increase in internal and external borrowings.
eqnzkLiQhfr esa o`f¼ vkarfjd o ckâ; ½.k esa 'kq¼ o`f¼
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2. Rise in government debt (B) The difference between current expenditure and
lkoZtfud ½.k esa o`f¼ current revenue.
3. Increase in money supply orZeku O;; o orZeku vkxe esa varj
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(C) The sum of monetized deficit and budgetary
eqnzk dh iwfrZ esa o`f¼
deficit.
4. Improvement in current account deficit
ekSfnzd ?kkVk o ctVh; ?kkVs dk ;ksx
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pkyw [kkrs ?kkVs esa lq/kj (D) Net increase in the union government’s
Select the correct answer using the codes given borrowing from the Reserve Bank of India.
below: dsanzh; ljdkj }kjk vkjchvkbZ ls fy;k x;k ½.k
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(A) 1 and 2 only (B) 1, 3 and 4 25. Fiscal deficit implies:

(C) 2 and 4 only (D) 1, 2 and 3 jktdks"kh; ?kkVk
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22. Every year the Economic Survey is compiled by :
izR;sd o"kZ vkfFkZd leh{kk fdlds }kjk ladfyr dh tkrh gS\
(A) Office of Economic Advisor
vkfFkZd lykgdkj vkWfiQl ds }kjk
(B) Central Statistical Office (CSO)
dsanzh; lkaf[;dh; laxBu ds }kjk
(C) National Sample Survey Organisation (NSSO)
jk"Vªh; uewuk losZ{k.k laxBu ds }kjk
(D) Department of Economic Affairs
vkfFkZd ekeyksa
s foHkkx
d }kjk
Rashid Sir
(A) Total expenditure – (Revenue receipts + Recovery
of loans + Receipts from disinvestment).
dqy O;; & (jktLo izkfIr;ka $ fn, gq, ½.k dh izkfIr $
fofuos'k izkfIr)
(B) Total expenditure – Total receipts from all
sources, including borrowings.
dqy O;; & LkHkh L=kksrksa ls izkIr dqy izkfIr;ka ½.k lfgr
(C) Total expenditure – (Revenue receipts + Fresh
loans).
dqy O;; & (jktLo izkfIr;ka $ u;k ½.k)
(D) Total expenditure – Disinvestment receipts.
dqYk ;O;
& fofuos'k izkfIr;ka
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26. Fiscal Responsibility and Budget Management Act 29. When the interest payment is reduced from the
(FRBM) was passed to keep check on- fiscal deficit, the residual is called-
,iQvkjch,e vf/fu;e fuEufyf[kr esa fdls fu;af=kr djus ds tc jktdks"kh; ?kkVs esa ls C;kt Hkqxrku dks ?kVk fn;k tk,]
fy, yk;k x;k gS\ rks vo'ks"k dks dgrs gS&
(A) Fiscal deficit only (A) Monetary deficit/ekSfnzd ?kkVk
dsoy jktdks"kh; ?kkVk (B) Primary deficit/izkFkfed ?kkVk
(B) Revenue deficit only (C) Current account deficit/pkyw [kkrk ?kkVk
dsoy jktLo ?kkVk (D) Revenue loss/jktLo ?kkVk
(C) Both fiscal deficit and revenue deficit

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30. Which of the following statements regarding fiscal
jktdks"kh; ?kkVk o jktLo ?kkVk policy is not correct?
jktdks"kh; uhfr ds laca/ esa fuEufyf[kr esa ls dkSu&lk dFku

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(D) Neither fiscal deficit nor revenue deficit
u jktdks"kh; ?kkVk o u gh jktLo ?kkVk lgh ugha gS\
27. Which one of the following is the largest item of (A) Fiscal policy includes tax policy and expenditure
expenditure of the Government of India on policy./jktdks"kh; uhfr esa dj uhfr vkSj O;;&uhfr dks
revenue account? lfEefyr fd;k tkrk gSA
Hkkjr ljdkj ds jktLo [kkrs esa lcls vf/d O;; fdl ij fd;k (B) Fiscal policy is concerned with public debt and

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tkrk gS\ debt management./jktdks"kh; uhfr dk laca/ lkoZtfud
(A) Defence@j{kk {ks=k ½.k rFkk ½.k izca/u ls gSA
(B) Subsidies@vuqnku (C) Fiscal policy affects the supply of money in the
(C) Pensions@isa'ku economy./jktdks"kh; uhfr vFkZO;oLFkk esa eqnzk dh
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(D) Interest payments@C;kt dk Hkqxrku dks izHkkfor djrh gSA
28. A country can be said to be trapped in a debt trap (D) Fiscal policy keeps the exchange rate stable./

if- jktdks"kh; uhfr fofue; nj dks fLFkj j[krh gSA

fdlh ns'k dks ½.k tky esa iQalk gqvk dgk tk ldrk gS
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31. Which of the following components is not a part
;fn& of development-oriented fiscal policy?
fuEufyf[kr esa ls dkSu&lk ?kVd fodklksUeq[k jktdks"kh
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(A) It has to follow the conditions imposed by the

International Monetary Fund. uhfr dk Hkkx ugha gS\
mls varjkZ"Vªh; eqnzk dks"k }kjk yxkbZ xbZ 'krksZa dk ikyu
(A) Budget policy/ctV uhfr
djuk iM+rk gSA (B) Loan policy/½.k uhfr
(C) Bank rate policy/cSad nj uhfr
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(B) He has to take a loan to pay interest on the

outstanding loan. (D) Expenditure policy/O;; uhfr
mls cdk;k dtZ ij C;kt ds Hkqxrku ds fy, ½.k ysuk
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32. Which of the following statements is not correct?

iM+rk gSA fuEufyf[kr esa ls dkSu&lk dFku lgh ugha gS\
(C) Foreign lenders have refused to give him loans (A) Taxation increases consumption./djkjksi.k miHkksx
or assistance. dks c<+k nsrk gSA
fons'kh ½.knkrkvksa us mls ½.k vFkok lgk;rk nsus ls(B)badkj
Direct taxation reduces inflation/izR;{k djkjksi.k
dj fn;k gSA LiQhfr dks de djrk gSa
(D) The World Bank levies a very high rate of (C) Taxation is used to bring about economic
interest on outstanding loans as well as new stability./djkjksi.k dk iz;ksx vkfFkZd fLFkjrk ykus ds
loans. fy, fd;k tkrk gSA
fo'o cSad cdk;k ½.k ds lkFk&lkFk u, ½.kksa ij C;kt(D) Direct taxation reduces consumption./izR;{k
dh cgqr vf/d nj olwy djrk gSA djkjksi.k miHkksx dks ?kVkrk gSaA
Rashid Sir || 6 ||
33. 'Credit Policy' is a part of which system? 34. The time period of medieval debt is-
^½.k&uhfr* fdl O;oLFkk dk vax gS\ eè;dkyhu ½.k dh le;kof/ gksrh gS&
(A) Monetary system/ekSfnzd O;oLFkk
(A) 5 years/5 o"kZ
(B) Banking system/cSafdax O;oLFkk
(B) 10 years/10 o"kZ
(C) Fiscal system/jktdks"kh; O;oLFkk
(D) International cooperation system/varjkZ"Vªh; lg;ksx (C) 20 years/20 o"kZ
O;oLFkk (D) 15 years/15 o"kZ

P
AP
Answer Key

1. (C) 6. (D) 11. (A) 16. (A) 21. (D) 26. (C) 31. (C)
2. (A) 7. (B) 12. (B) 17. (B) 22. (D) 27. (D) 32. (A)
3. (C) 8. (C) 13. (D) 18. (B) 23. (A) 28. (B) 33. (C)
4. (C) 9. (B) 14. (D) 19. (D) 24. (A) 29. (B) 34. (A)
5. (A) 10. (A) 15. (C) 20. (B) 25. (A) 30. (D)

ILL
R W
R EE
CA

Rashid Sir || 7 ||