Give two examples of indirect taxes.

Name two components (or parts) of a government budget.

Categorize the following items into Revenue and Capital Receipts.
Statement-Grants received from International Monetary Fund.

Mention the recent tax introduced by the Government of India.

In a government budget, primary deficit is Rs. 10,000 crores and interest payment is Rs. 8,000 crores. How much is the fiscal deficit?

State any one objective of a government budget.

Define fiscal deficit.

If you are the Finance Minister of India and want to set up the budget, then what type of budget would you like to set in case of excess demand?

Give the meaning of inflationary gap.

Categorize the following items into Revenue and Capital Receipts.
Statement-Dividends on investments made by government.