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Indian Budget Quiz 2 (25 MCQs)

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1. The rate which the income tax is imposed in India is called _____

2. An expenditure that provides benefit for less than one financial period is known as:

3. Which of the following documents are presented to the legislature along with the budget? I. An explanatory memorandum on the budget II. A summary of demands for grants III. An Appropriation Bill IV. A Finance Bill V. The economic survey Code:

4. The component of budget that creates an asset of the government is

5. We place utmost importance to engaging ethically and transparently with all our stakeholders, taking accountability of our actions to maintain the highest standards of professionalism.

6. Which of the following is not a non tax receipt?

7. We consistently deliver projects ahead of time at industry-leading costs of construction and within budget. We are constantly focused on achieving a top decile cost of production in each of our businesses.

8. India belongs to which type of economy?

9. Zero primary deficit means

10. Money multiplier is equal to

11. _____ following is non tax receipt?

12. _____ advertising and internet go hand in hand

13. Which one of them is direct tax?

14. Pension payment is an example of:

15. Assertion (A):Income tax is a great source of revenue to the government.Reason(R):It is a direct tax as its burden can't be shifted.

16. Under Ayushman Bharat, which was launched to provide medical treatment to nearly 50 crore people, how many sick people till now have got treatment?

17. For how long is each budget prepared

18. The government has set a target of building how many digital villages in the next 5 years?

19. Primary deficit= _____ interest payment.

20. We lay consistent emphasis on human rights; respect the principle of free, prior, informed consent, while our engagements with stakeholders give local communities the opportunity to voice their opinions and concerns.

21. Interim budget is also known as _____

22. Who presented the first budget in India 1860? ? ?

23. _____ are most popular in rural marketing to sell FMCG

24. Primary deficit in a government budget is _____

25. The authorization for the withdrawal of funds from the consolidated Fund of India must come from:

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Indian Budget Quiz 2 (25 MCQs)

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