Assertion (A): Strategic sale of BPCL, IDBI Bank, Air India to be completed in the next fiscal year.
Reason (R): Strategic sales gives revenue to the government..
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Fiscal deficits are always inflationary.
Reason (R): Fiscal deficit equals borrowings of the government. Such borrowings are generally financed by issuing new currency which may lead to inflation.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Primary deficit = Fiscal deficit – Net interest liabilities
Reason (R): Net interest liabilities consist of interest payments minus interest receipts by the government on net domestic lending.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Fiscal deficit indicates the total borrowing requirements of the government from all sources.
Reason (R): Fiscal deficit is financed through borrowings. From the financing side: Fiscal deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Government should reduce subsidies to curb the revenue deficit.
Reason (R): Providing subsidies on an LPG cylinder is a part of revenue expenditure.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Repayment of loans by the government is the capital expenditure of the government.
Reason (R): Capital expenditure of government leads to the creation of assets or reduction in liabilities.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Revenue deficit increases when government fails to recover loans forwarded to different nations.
Reason (R): Recovery of loans is a non-debt-creating capital receipt. It does not affect the revenue receipts.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Repayment of borrowings is a capital expenditure.
Reason (R): Capital Expenditure reduces the liability of the government.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): Revenue deficit is a part of fiscal deficit.
Reason (R): Fiscal deficit = Revenue deficit – capital expenditure + Non debt creating capital receipts..
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.

Assertion (A): The government budget is an important monetary policy instrument.
Reason (R): Government budget is a financial statement of budgetary receipts and budgetary expenditure of the government during a fiscal year.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is False
d) Assertion (A) is False but Reason (R) is true.