public finance fiscal & monetary policy section 4 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 7 EXERCISES
-
Top 500+ Fiscal & Monetary Policy GK MCQ Quiz PDF For SSC »
-
New 499+ Public Finance & Policy MCQ GK Quiz & Notes PDF »
-
Top 500 Monetary & Fiscal Policy GK MCQ Quiz PDF For IBPS »
-
New 500+ Indian Budgetary Policy Overview GK MCQ Quiz PDF »
-
500 Monetary & Fiscal Policy Question And Answers Key PDF »
-
Public Finance & Fiscal Policy Questions And Answers Quiz »
-
1000+ Indian Govt Schemes & Policy MCQ Quiz PDF For IBPS »
The following question based on Fiscal Policy, Public Finance and Monetary Policy topic of indian economy mcq
- Revenue deficit = Revenue expenditure – Revenue receipts
- Revenue deficit = Revenue receipts – Revenue expenditure
- Revenue deficit = Revenue receipts – Total expenditure
- Revenue deficit = Revenue expenditure – Total receipts
(a) 1 only
(b) 3 only
(c) 1 and 2
(d) 1, 2, 3 and 4
The correct answers to the above question in:
Answer: (a)
Revenue deficit means the excess of current revenue expenditure over current revenue receipts. Revenue deficit indicates that the government cannot meet its current expenditure from its current revenue. Revenue deficit= Revenue expenditure – Revenue receipts
Practice Fiscal Policy, Public Finance and Monetary Policy (public finance fiscal & monetary policy section 4) Online Quiz
Discuss Form
Read more public finance fiscal and monetary policy Based Indian Economy Questions and Answers
Question : 1
Which of the following is the process of bridging the gap between the revenue and expenditure?
- Multiple financing
- Bridge financing
- Accurate financing
- Deficit financing
a) 1 only
b) 3 only
c) 2 only
d) 4 only
Answer »Answer: (d)
The process of bridging the gap between the revenue and expenditure is called deficit financing. In other words, Deficit financing refers to the ways in which the budgetary gap is financed
Question : 2
In the context of the stock market, IPO stands for
a) International Payment Obligation
b) Internal Policy Obligation
c) Immediate Payment Order
d) Initial Public Offer
Answer »Answer: (d)
An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time.
Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises.
A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.
Question : 3
Which one of the following statements appropriately describes the ‘fiscal stimulus’?
a) It is an extreme affirmative action by the government to pursue its policy of financial inclusion
b) It is government’s intensive action of financial institutions to ensure disbursement of loans to agriculture and allied sectors to promote greater food production and contain food inflation
c) It is a massive investment by the government in manufacturing sector to ensure the supply of goods to meet the demand surge caused by rapid economic growth
d) It is an intense affirmative action of the government to boost economic activity in the country
Answer »Answer: (d)
Question : 4
Value-added tax is
a) ad valorem tax on domestic final consumption collected at all stages between production and the point of final sale
b) special tax levied by states on products from other states
c) ad valorem tax on final consumption collected at manufacturing level
d) tax on final consumption collected at the consumption stage
Answer »Answer: (a)
Question : 5
What is referred to as ‘Depository Services’ ?
a) An advisory service to investors
b) A method for regulating stock exchanges
c) A new scheme of fixed deposits
d) An agency for safe-keeping of securities
Answer »Answer: (d)
It is a service offered by a securities depository under which the depository maintains book accounts recording the ownership of securities held on behalf of the depository’s participants, for eligible securities.
Question : 6
Interest on public debt is a part of :
a) interest payments by households
b) transfer payments by the Govt.
c) transfer payments by the enterprises
d) national income
Answer »Answer: (b)
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system.
These payments are considered to be exhaustive because they do not directly absorb resources or create output. In other words, the transfer is made without any exchange of goods or services.
Examples of certain transfer payments include welfare (financial aid), interest on public debt, social security, and government making subsidies for certain businesses (firms).
GET Fiscal Policy, Public Finance and Monetary Policy PRACTICE TEST EXERCISES
public finance fiscal & monetary policy section 1
public finance fiscal & monetary policy section 2
public finance fiscal & monetary policy section 3
public finance fiscal & monetary policy section 4
public finance fiscal & monetary policy section 5
public finance fiscal & monetary policy section 6
public finance fiscal & monetary policy section 7
Fiscal Policy, Public Finance and Monetary Policy Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
Most Important Antonyms Vocabulary - IBPS Clerk Prelims 2024
Latest Antonyms multiple choice questions and answers with free PDFfor IBPS Clerk Prelims 2024. English Vocabulary practice exercise for all bank exam
Continue Reading »
Syllogism Practice Questions Answers PDF - IBPS Clerk 2024
Practice Verbal Reasoning Syllogism multiple choice questions and answers with Fully solved explanation, PDF for the IBPS Clerk Prelims 2024 Bank Exam
Continue Reading »
IBPS Clerk Prelims 2024 Synonyms Questions Solved Answers
Most important IBPS Clerk Prelims 2024 Synonyms and Antonyms multiple choice questions and answers with detailed solutions, English vocabulary PDF Download
Continue Reading »
New Cloze Test Questions and Answers PDF - IBPS Clerk 2024
The most important Cloze Test questions with detailed answers for upcoming IBPS Clerk prelims 2024. Latest English verbal ability practice MCQs, PDF
Continue Reading »