If revenue expenditure is ₹ 980 crore, tax revenue is ₹ 410 crore and non-tax revenue is ₹ 365 crore, then find revenue deficit.

1. ₹ 615 crore
2. ₹ 205 crore
3. ₹ 765 crore
4. ₹ 570 crore

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

________ increases the liability of the government.

1. Capital receipts
2. Capital expenditure
3. evenue receipts
4. Revenue expenditure

Which out of the following is a non-developmental expenditure?

1. Scientific research.
2. Social Welfare.
3. Administration.
4. None of these.

High___________ gives a warning to the government either to cut its expenditure or increase its tax receipts.

1. budget
2. revenue deficit
3. primary deficit
4. fiscal deficit

Which of the following affects national income?

1. Goods and Services Tax.
2. Corporation Tax.
3. Subsidies.
4. None of these.

______ is the difference between total receipts and total expenditure.

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

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).

A _________ is a legally compulsory payment imposed by the government on the households and producers.

1. penalty
2. fine
3. fees
4. tax