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- Question 1 of 11
1. Question
Category: NCERTWhich of the following is a non-tax revenue?
Correctdividends
Incorrectdividends
- Question 2 of 11
2. Question
Category: NCERTThe primary deficit in a government budget is
CorrectFiscal deficit minus interest payment
IncorrectFiscal deficit minus interest payment
- Question 3 of 11
3. Question
Category: NCERTDirect tax is called direct because it is collected from the
Correctthe income earners
Incorrectthe income earners
- Question 4 of 11
4. Question
Category: NCERTThe primary deficit in a government budget will be zero, when
CorrectFiscal deficit is equal to interest payment
IncorrectFiscal deficit is equal to interest payment
- Question 5 of 11
5. Question
Category: NCERTWhich of the following is an indirect tax?
CorrectCustom duty
IncorrectCustom duty
- Question 6 of 11
6. Question
Category: NCERTWhich one of the following is a combination of direct taxes?
CorrectWealth tax and income tax
IncorrectWealth tax and income tax
- Question 7 of 11
7. Question
Category: NCERTWhich of the following statement is true?
CorrectBorrowings by the government represent a situation of fiscal deficit.
IncorrectBorrowings by the government represent a situation of fiscal deficit.
- Question 8 of 11
8. Question
Category: NCERTWhich of the following is not a revenue receipt?
CorrectRecovery of loans
IncorrectRecovery of loans
- Question 9 of 11
9. Question
Category: NCERTPrimary deficit is borrowing requirements of the government for payment(s)
Correctother than interest
Incorrectother than interest
- Question 10 of 11
10. Question
Category: NCERTWhich of the following sources of receipts in the government budget increases its liabilities?
CorrectBorrowings
IncorrectBorrowings
- Question 11 of 11
11. Question
Category: NCERTBorrowing in the government budget is
Correctfiscal deficit
Incorrectfiscal deficit
