S. No Content R s(in crores)
1. Revenue Expenditure  100
2. Capital Receipts 40
3. Net Borrowings 38
4. Net Interest payments 27
5. Tax Revenue  50
6. Non tax Revenue 15

(i) What is the revenue deficit? 

A. Rs 50 cr 

B. Rs 45 cr 

C. Rs 35 cr 

D. Rs 30 cr

(ii) Which of the following shows fiscal deficit? 

A. Rs. 38 cr 

B. Rs. 45 cr 

C. Rs. 40 cr 

D. Rs. 50 cr

(iii) What will be the primary deficit? 

A. Rs. 17 cr 

B. Rs. 23 cr 

C. Rs. 11 cr 

D. Rs. 20 cr

(iv) Which of the following is a non-tax revenue for the government? 

A. return on assets 

B. excise duties 

C. service tax 

D. customs

(v) Which of the following is the formula for revenue deficit? 

A. revenue expenditure-revenue receipts 

B. revenue expenditure-non tax revenue 

C. revenue receipts-interest payments 

D. borrowings-revenue receipts

(vi) Which of the following is MOST LIKELY to be the main contributor to the fiscal deficit in this case? 

A. high revenue expenditure 

B. high capital receipts 

C. low interest payments 

D. high tax revenue

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1 Answers

(i) C. Rs 35 cr 

(ii) A. Rs. 38 cr

(iii) C. Rs. 11 cr

(iv) A. return on assets

(v) A. revenue expenditure-revenue receipts

(vi) A. high revenue expenditure

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