If borrowings and other liabilities are added to the budget deficit, we get ______________.

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

Find direct tax among the following taxes:

1. Personal income tax.
2. Excise duty.
3. Sales tax.
4. Service tax.

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

Payment of interest is:

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

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

1. Scientific research.
2. Social Welfare.
3. Administration.
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

Loans granted to State Governments is an example of ________.

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

Among the following types of taxes, find the indirect one

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

Budget is a:

1. Financial statement.
2. Monetary statement.
3. Political statement.
4. All of them.

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

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