Indian Economy

Q. Fiscal deficit in the Union Budget means

A
net increase in Union Governments borrowings from the Reserve Bank of India
B
the sum of budgetary deficit and net increase in internal and external borrowings
C
the difference between current expenditure and current revenue
D
the sum of monetized deficit and budgetary deficit

Correct Answer

the sum of budgetary deficit and net increase in internal and external borrowings

More Questions on Indian Economy

  • Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
    A)Maharashtra
    B)Madhya Pradesh
    C)Kerala
    D)Tamil Nadu
    Answer: Madhya Pradesh
  • Q. Excess of Total Expenditure over total Receipts is :
    A)Surplus Budget
    B)Balanced Budget
    C)Deficit Budget
    D)None of the above
    Answer: Deficit Budget
  • Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)1982
    C)2006
    D)1975
    Answer: 1975
  • Q. ICICI is the name of a
    A)bureau
    B)chemical industry
    C)corporation
    D)financial institution
    Answer: financial institution
  • Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
    A)Bank of Baroda
    B)Punjab National Bank
    C)State Bank of India
    D)Central Bank of India
    Answer: Punjab National Bank
  • Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
    A)Jawahar Lal Nehru
    B)Prasanta Chandra Mahalanobis
    C)Mahatma Gandhi
    D)B.R. Shenoy
    Answer: Prasanta Chandra Mahalanobis
  • Q. Deficit financing means that the government borrows money from the
    A)local bodies
    B)big businessmen
    C)RBI
    D)IMF
    Answer: RBI
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)October 2005
    C)April 2005
    D)July 2005
    Answer: April 2005
  • Q. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)Procor and Gamble
    C)ITC
    D)Hindustan liver
    Answer: ITC
  • Q. The share of road transport in total transportation of the country is:
    A)70%
    B)75%
    C)60%
    D)80%
    Answer: 80%
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Peter A. Payer.
    C)Jagdish bhagwati
    D)None of these
    Answer: Peter A. Payer.
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)RBI
    C)EXIM Bank
    D)None of the above
    Answer: NABARD
  • Q. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)ITC
    C)Procor and Gamble
    D)Hindustan liver
    Answer: ITC
  • Q. The co-operative credit societies have a
    A)three-tier structure
    B)two-tier structure
    C)four-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)large-scale industries
    C)agricultural farms
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2003
    C)the year 2005
    D)the year 2001
    Answer: the year 2003
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. Navaratna Status is concerned with:
    A)Private Sector Companies
    B)Both A and B
    C)Public Sector Companies
    D)None of the above
    Answer: Public Sector Companies
  • Q. Fiscal deficit in the Union Budget means
    A)net increase in Union Governments borrowings from the Reserve Bank of India
    B)the difference between current expenditure and current revenue
    C)the sum of budgetary deficit and net increase in internal and external borrowings
    D)the sum of monetized deficit and budgetary deficit
    Answer: the sum of budgetary deficit and net increase in internal and external borrowings
  • Q. The Mid Day Meal scheme was launched on
    A)August 15, 1992
    B)August 15, 1995
    C)August 15, 2000
    D)August 15, 2001
    Answer: August 15, 1995

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