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Government Budget and the Economy
- Online Test
Government Budget and the Economy
TEST : 5
Government Budget and the Economy
Prepare / Learn
Q1.
One of the Implication of Fiscal deficit is
A.
It increases the supply of money in the economy
B.
It decreases the supply of money in the economy
C.
It maintains the supply of money in the economy
D.
It does not affect the supply of money in the economy
View Solution
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Answer :
Option A
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q2.
Another Implication of Fiscal deficit is
A.
it does not affect financial burden for future generation.
B.
it decreases financial burden for future generation
C.
it increases financial burden for future generation
D.
it maintains financial burden for future generation
View Solution
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Answer :
Option C
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q3.
Fiscal deficit is unhealthy for economic development as
A.
it is a cause of inflation
B.
it is a cause of deflation
C.
it is a cause of prosperity
D.
it is a cause of recession
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Answer :
Option A
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q4.
A class of public expenditure is
A.
Revenue and capital expenditure
B.
Revenue and budget expenditure
C.
budget and capital expenditure
D.
investment and capital expenditure
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Answer :
Option A
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q5.
Revenue expenditure is incurred on normal functioning of the govt. Administration. It is
A.
FALSE
B.
Can’t say
C.
Insufficient information
D.
1
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Answer :
Option D
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q6.
Capital expenditure is incurred on normal functioning of the govt. Administration. It is
A.
TRUE
B.
Can’t say
C.
0
D.
Insufficient information
View Solution
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Answer :
Option C
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q7.
A Balanced budget is one where
A.
Estimated revenues= estimated expenditure
B.
All of them
C.
Estimated revenues< estimated expenditure
D.
Estimated revenues> estimated expenditure
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Answer :
Option A
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q8.
An Unbalanced budget is one where
A.
All of them
B.
Estimated revenues= estimated expenditure
C.
Estimated revenues< estimated Receipts of the govt.
D.
Estimated revenues> estimated expenditure
View Solution
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Answer :
Option D
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q9.
A surplus budget is one where
A.
Estimated revenues< estimated Receipts of the govt.
B.
Estimated revenues= estimated expenditure
C.
All of them
D.
Estimated revenues> estimated expenditure
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q10.
A deficit budget is one where
A.
Estimated revenues> estimated expenditure
B.
Estimated revenues< estimated Receipts of the govt.
C.
Estimated revenues= estimated expenditure
D.
Estimated revenues< estimated expenditure
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
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Government Budget and the Economy
TEST : 5
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