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Indian Budget Quiz 1 (25 MCQs)

Quiz Instructions:

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1. Which of the following belongs to Micro economics .
2. Consider the following statement (s) is/are true about budget, budgeting & budgetary control.I. Budgetary control is a wider concept whereas Budget and budgeting are narrower conceptsII. Budget is the process of preparing business estimates.Which of the following statements is/are correct?
3. What does P in the LPG policy of 1991 stands for?
4. Building World Class attitudes among your people to plan & achieve challenging Goals:
5. What was the shape of the recovery of India's economy during the last year?
6. A tax, the burden of which can be shifted on to others, is called
7. The receipts which neither create any liability nor lead to any reduction in assets are called
8. What was the main focus of India's first five year plan in 1950.
9. Select the incorrect phase of budget process in India.
10. Retailers are known to use _____ advertising
11. How much rent will now be exempted from the TDS as per the Interim Budget 2019?
12. Cess newly imposed on petrol and diesel is
13. Spilt-run advertising is popular in _____ media
14. If LRR is .25, what will be money multiplier
15. Subsidies on fertilizers is a
16. Ambush advertising are _____ business practices
17. What is the biggest source of Income for the Central Government in the Union Budget 2020-21?
18. Tax, the impact of whitch lies on the person on whom it is legally imposed, is known as:
19. Checklist is like master _____
20. Our people are our most important assets. We actively encourage their development and support them in pursing their goals:
21. The government has decided to set up Rashtriya Kamdhenu Aayog for the welfare of which animal?
22. Web based marketing is an example of _____ advertising
23. Which of the following is a tax revenue receipts of government?
24. Which article of the Constitution envisages Budget?
25. When was country's first Union Budget presented in the Parliament .
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