Choose the correct alternative.
According to the theory of Keynesian Economics, the value of Average Propensity to Consume can never be ________.

1. Zero.
2. Unity.
3. More than one.
4. Less than one.

Which part of government budget shows the current receipts?

1. Capital budget.
2. Revenue budget, as they are recurring in nature.
3. Both (a) and (b).
4. Neither (a) nor (b).

Disinvestment of government companies and borrowings from World Bank comes under _______ of the government.

1. total receipts
2. capital receipts
3. loan receipts
4. revenue receipts

Income tax receipts are the part of _______ receipts of the government.

1. direct tax revenue
2. indirect tax revenue
3. non-tax revenue
4. capital revenue

Which article of the Constitution takes about the budget?

1. Article 110
2. Article 111
3. Article 112
4. Article 113

Direct tax is called direct because it is collected directly from: (Choose the correct)

1. The producers on goods produced.
2. The sellers on goods sold.
3. The buyers of goods.
4. The income earners.

Interest payments are subtracted from which deficit to arrive at Primary Deficit:

1. Revenue Deficit.
2. Capital Deficit.
3. Fiscal Deficit.
4. None of these.

If total expenditure is ₹ 3250 crore, revenue receipt is ₹ 180 crore and capital receipt is ₹ 30 crore, then budget deficit would be:

1. ₹ 220 crore
2. ₹ 210 crore
3. ₹ 40 crore
4. ₹ 70 crore

Subsidies are an example of:

1. Revenue Expenditure.
2. Capital Expenditure.
3. Plan Expenditure.
4. None of them.

Borrowing in government budget is: (choose the correct alternative)

1. Revenue deficit.
2. Fiscal deficit.
3. Primary deficit.
4. Deficit in taxes.