Question 1

Balanced budget means ................ between revenue and expenditure.

Accepted Answer

A) balance 
B) unbalance 
C) unequal 
D) none of these 
A) balance 
B) unbalance 
C) unequal 
D) none of these

Question 2

External debts can be raised from ...........

Accepted Answer

A) individuals 
B) rbi 
C) commercial banks 
D) world bank 
A) individuals 
B) rbi 
C) commercial banks 
D) world bank

Question 3

Public debt is the debt owed by ................

Accepted Answer

A) industry 
B) individual 
C) central government 
D) bank 
A) industry 
B) individual 
C) central government 
D) bank

Question 4

A multilevel decentralized fiscal system involving sharing of fiscal responsibilities between central, state and local governments is referred to as:

Accepted Answer

A) fiscal union 
B) fiscal federalism 
C) fiscal equalisation 
D) fiscal generalism 
A) fiscal union 
B) fiscal federalism 
C) fiscal equalisation 
D) fiscal generalism

Balanced budget means ................ between revenue and expenditure.

External debts can be raised from ...........

Public debt is the debt owed by ................

A multilevel decentralized fiscal system involving sharing of fiscal responsibilities between central, state and local governments is referred to as:

Taxation and Budgeting: Concepts and Practices

Fiscal Policy and Taxation

Public Finance and Fiscal Policy

Economic Theories and Practices: Taxation, Fiscal Policy, and Public Expenditure

Public Finance and Government Budgeting

Taxation, Public Goods, and Finance Commission in India

Filters

Exam 3: Public Finance and Economic Concepts and Terms

Balanced budget means ................ between revenue and expenditure.

External debts can be raised from ...........

Public debt is the debt owed by ................

A multilevel decentralized fiscal system involving sharing of fiscal responsibilities between central, state and local governments is referred to as:

Taxation and Budgeting: Concepts and Practices

Fiscal Policy and Taxation

Public Finance and Fiscal Policy

Economic Theories and Practices: Taxation, Fiscal Policy, and Public Expenditure

Public Finance and Government Budgeting

Taxation, Public Goods, and Finance Commission in India

Filters