NCERT Class 12 Economics MCQ : Government Budget and the Economy
Embark on a journey through economic policies with our dedicated Multiple Choice Questions (MCQs) page on “Government Budget and the Economy,” thoughtfully curated from previous year papers of diverse exams, including UPSC IAS and more. This resource provides a comprehensive study aid for aspirants seeking a deep understanding of the interplay between government budgets and economic dynamics.
Immerse yourself in real exam questions that explore fiscal strategies, public expenditure, and the impact of budgetary decisions on the broader economy. Whether preparing for UPSC IAS or exams in economics, finance, or related fields, this MCQs page offers a strategic advantage, featuring questions of varying difficulty levels to accommodate different proficiency levels.
Enhance your understanding of fiscal deficits, taxation policies, and the role of government spending in economic growth with this expertly crafted collection. Tailored for students and professionals alike, this resource serves as a focused and effective study aid for mastering the essentials of “Government Budget and the Economy” and excelling in related exams.
Prepare for success by engaging with this specialized set of MCQs, refining your economic analysis skills, and gaining a competitive edge in your exam preparation.
NCERT Class 12 Economics : Government Budget and the Economy MCQ – NCERT Class 12 MCQ
Question:
An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as
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Question:
Which of the following is an example of direct tax
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D
Question:
What is the period of a fiscal year?
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Question:
When government spends more than it collects by way of revenue, it incurs ______
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Question:
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
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Question:
Which of the following is the component of a budget?
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Question:
What is the annual statement of the government’s fiscal revenue and fiscal expenditure known?
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Question:
How many types of revenue receipts are there?
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Question:
The amount collected by the government as taxes and duties is known as
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Question:
The amount collected by the government in the form of interest, fees, and dividends is known as ________
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Question:
Borrowing in the government budget
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Question:
The non-tax revenue in the following is:
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Question:
The primary deficit in a government budget will be zero, when _______
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Question:
Direct tax is called direct because it is collected directly from:
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Question:
Financial Year in India is:
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Question:
Financial Year in India is:
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Question:
Which objectives government attempts to obtain by Budget
