A large fiscal deficit implies:

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

Primary deficit equals: (Choose the correct alternative)

1. Borrowings.
2. Interest payments.
3. Borrowings less interest payments.
4. Borrowings and interest payments both.

Repayment of Loans is an example of:

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

If the total receipts are 1000 crore and total expenditure is 1500 crore, how much will be the budgetary deficit?

1. 500 crore.
2. 1500 crore.
3. 1000 crore.
4. 500 crore.

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.

________ increases the liability of the government.

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

Which of the following affects national income?

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

In a government budget, revenue deficit is 50,000 crore and borrowings are ₹ 75,000 crore. How much is the fiscal deficit?

1. 50000 crore.
2. 75000 crore.
3. 25000 crore.
4. 25000 crore.

Among the following types of taxes, find the indirect one

1. Gift tax.
2. Corporate income tax.
3. VAT.
4. Wealth tax.