______ is the difference between total receipts and total expenditure.

1. Fiscal deficit.
2. Budget deficit.
3. Revenue deficit.
4. Capital deficit.

Government provides various goods like roads, parks, street light and defence services etc to general public through budgetary provisions. These goods are called ________.

1. budgetary goods.
2. government goods.
3. public goods.
4. private goods.

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).

The non-tax revenue in the following is: (choose the correct alternative)

1. Export duty.
2. Import duty.
3. Dividends.
4. Excise.

A large fiscal deficit implies:

1. Very small amount of borrowings.
2. Small amount of borrowings.
3. Large amount of borrowings.
4. No borrowings.

Pension payment is an example of:

1. Plan Expenditure.
2. Revenue Expenditure.
3. Capital Expenditure.
4. Non-Plan Expenditure.

Payment of interest is:

1. Revenue expenditure.
2. Capital expenditure.
3. Primary deficit.
4. Fiscal deficit.

Loans granted to State Governments is an example of ________.

1. revenue receipts.
2. capital receipts.
3. revenue expenditure.
4. capital expenditure.

While financing a deficit, under which measure government can print more currency:

1. Deficit financing.
2. Disinvestment.
3. By issuing bonds.
4. None of them.

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