Q1.RAS 2023EasyBudgetingWhich of the following expressions shows the formula of Gross fiscal deficit?A.Gross Fiscal Deficit = Primary Deficit + Net borrowing from abroadB.Gross Fiscal Deficit = Total Expenditure -Revenue ReceiptsC.Gross Fiscal Deficit = Revenue Deficit + Capital ExpenditureD.Gross Fiscal Deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroadReveal Answer
Q2.RAS 2023MediumBudgetingWhich of the following is NOT a Public good ?A.Government AdministrationB.National DefenceC.CarsD.RoadsReveal Answer
Q3.RAS 2023MediumBudgetingWhich of the following is NOT a tool of fiscal policy ?A.Public expenditureB.Interest rateC.Deficit financingD.TaxationReveal Answer
Q4.RAS 2021MediumBudgetingWhat is not included in the Index of Industrial Production (IIP), which is the measure of Industrial activities in the Indian Economy?A.Gas and water supplyB.ElectricityC.ManufacturingD.MiningReveal Answer
Q5.RAS 2021MediumBudgetingThe Net National Product at Market Price (N.N.P. MP) isA.Gross National Product at Market Price -Net Income from abroadB.Gross National Product at Market Price -Transfer PaymentsC.Gross National Product at Market Price - DepreciationD.Gross National Product at Market Price -SubsidiesReveal Answer
Q6.RAS 2021MediumBudgetingIn which of the following budget, the Railway budget was merged with the Union Budget in India?A.Budget 2019 -20B.Budget 2018 -19C.Budget 2016 -17D.Budget 2017 -18Reveal Answer
Q7.RAS 2021MediumBudgeting‘Base year’ in National Income accounting means-?A.The year whose income is being used to calculate the nominal GDPB.The year whose prices are being used to calculate the nominal GDPC.The year whose prices are being used to calculate the real GDPD.The year whose income is being used to calculate the real GDPReveal Answer
Q8.RAS 2018MediumBudgetingWhat has been kept under the purview of Goods and Services Tax (GST)?A.Alcohol for human consumptionB.ElectricityC.Petroleum ProductsD.GheeReveal Answer
Q9.RAS 2018EasyBudgetingThe most volatile part of the Organised Money Market in India isA.Government Security MarketB.Commercial Bill MarketC.Call Money MarketD.Certificate of Deposit MarketReveal Answer
Q10.RAS 2018MediumBudgetingWhich one of the following is not included in the revenue account of the Union Budget ?A.Interest ReceiptsB.Tax ReceiptsC.Profits and Dividends of Government Departments and Public UndertakingsD.Small SavingsReveal Answer
Q11.RAS 2018HardBudgetingEleventh Five Year Plan emphasised onA.Economic Growth with Social JusticeB.Economic Growth and Human DevelopmentC.Faster and more inclusive growthD.Faster, sustainable and more inclusive growthReveal Answer
