Economy

In Indian economic terminology, Subsidy refers to:

A A tax penalty
B A customs duty
C government support that lowers costs or prices for specified beneficiaries
D A bond

Which statement about Subsidy is correct?

A A tax penalty
B A bond
C A customs duty
D government support that lowers costs or prices for specified beneficiaries

What is the correct description of Public expenditure?

A government spending on goods, services, transfers and investment
B Exports
C Bank deposits
D Private consumption

Which of the following is most closely associated with Public expenditure?

A Private consumption
B government spending on goods, services, transfers and investment
C Bank deposits
D Exports

In Indian economic terminology, Public expenditure refers to:

A government spending on goods, services, transfers and investment
B Private consumption
C Exports
D Bank deposits

Which statement about Public expenditure is correct?

A Exports
B government spending on goods, services, transfers and investment
C Private consumption
D Bank deposits

What is the correct description of Public investment?

A Interest payment
B Routine salary
C government spending that creates or improves productive/public assets
D Pension payment

Which of the following is most closely associated with Public investment?

A Routine salary
B government spending that creates or improves productive/public assets
C Pension payment
D Interest payment

In Indian economic terminology, Public investment refers to:

A Routine salary
B Interest payment
C Pension payment
D government spending that creates or improves productive/public assets

Which statement about Public investment is correct?

A Pension payment
B Interest payment
C Routine salary
D government spending that creates or improves productive/public assets

What is the correct description of Fiscal multiplier?

A Tax rate
B Debt ratio
C change in aggregate income/output resulting from a unit change in fiscal policy
D Inflation rate

Which of the following is most closely associated with Fiscal multiplier?

A Debt ratio
B Inflation rate
C change in aggregate income/output resulting from a unit change in fiscal policy
D Tax rate

In Indian economic terminology, Fiscal multiplier refers to:

A Tax rate
B change in aggregate income/output resulting from a unit change in fiscal policy
C Inflation rate
D Debt ratio

Which statement about Fiscal multiplier is correct?

A Debt ratio
B Tax rate
C change in aggregate income/output resulting from a unit change in fiscal policy
D Inflation rate

What is the correct description of Consolidated Fund of India?

A Only private deposits
B the main constitutional fund into which specified government revenues and borrowings are credited
C Only foreign aid
D Only local taxes

Which of the following is most closely associated with Consolidated Fund of India?

A Only foreign aid
B the main constitutional fund into which specified government revenues and borrowings are credited
C Only private deposits
D Only local taxes

In Indian economic terminology, Consolidated Fund of India refers to:

A Only private deposits
B Only foreign aid
C the main constitutional fund into which specified government revenues and borrowings are credited
D Only local taxes

Which statement about Consolidated Fund of India is correct?

A Only private deposits
B Only local taxes
C Only foreign aid
D the main constitutional fund into which specified government revenues and borrowings are credited

What is the correct description of Public Account?

A Only tax revenue
B Only capital expenditure
C an account containing money that government holds in trust or as a custodian
D Only borrowings

Which of the following is most closely associated with Public Account?

A Only borrowings
B Only capital expenditure
C an account containing money that government holds in trust or as a custodian
D Only tax revenue

In Indian economic terminology, Public Account refers to:

A Only capital expenditure
B Only tax revenue
C an account containing money that government holds in trust or as a custodian
D Only borrowings

Which statement about Public Account is correct?

A Only tax revenue
B Only borrowings
C an account containing money that government holds in trust or as a custodian
D Only capital expenditure

What is the correct description of Contingency Fund?

A a fund used for urgent unforeseen expenditure pending legislative authorisation
B A trade account
C A bank reserve
D A tax account

Which of the following is most closely associated with Contingency Fund?

A A trade account
B A bank reserve
C A tax account
D a fund used for urgent unforeseen expenditure pending legislative authorisation

In Indian economic terminology, Contingency Fund refers to:

A a fund used for urgent unforeseen expenditure pending legislative authorisation
B A tax account
C A trade account
D A bank reserve