Government budget and economy mcq
WebImpact of the budget. A budget influences the society in three steps: a. It improves the aggregate financial policy by controlling expenditure. b. It allocates resources of a nation on a foundation of social priorities. c. It comprises efficient and productive programmes to deliver goods and services and achieve targeted goals. WebAug 20, 2024 · Answer: 1. Answer (A) Budget. 2. Answer (D) Wealth tax. 3. Answer (A) 1 April to 31 March. 4. Answer (B) Budget deficit. 5. Answer (D) Borrowings. 6. Answer (C) Both of these. 7. Answer (C) When a government spends more than it can collect as revenue, it incurs a budget deficit. 8. Answer (C) It is the difference between the total …
Government budget and economy mcq
Did you know?
WebJun 27, 2024 · We have provided Economics MCQ Class 12 Chapter 5 with Answers to help students understand the concept very well. We trust that the offered Economics MCQs … WebNov 1, 2024 · Please refer to MCQ Questions Chapter 11 Government Budget and Economy Class 12 Economics with answers provided below. These multiple-choice …
WebThe government budget’s goals are as follows: 1) maximise resource allocation, 2) minimize income inequalities, and 3) maintain economic stability 6. At what point the … WebApr 11, 2024 · Economy Question 14. Download Solution PDF. Gross Domestic Product (GDP) of a country is. Total value of tradable goods produced in a year. Total value of monetary and non-monetary goods and services within a year. Total value of economic transactions done within a country within a year. None of the above.
WebThe Test: Government Budget and the Economy- Assertion & Reason Type Questions- 1 questions and answers have been prepared according to the Commerce exam syllabus.The Test: Government Budget and the Economy- Assertion & Reason Type Questions- 1 MCQs are made for Commerce 2024 Exam. Find important definitions, … WebNov 1, 2024 · MCQ Questions Answers for Chapter 11 Government Budget and Economy Class 12 Economics. Question: Fiscal deficit=. (a) Total expenditure – total receipt other than borrowing. (b) Revenue …
WebApr 20, 2024 · MCQs MCQs Class 12. Check the below NCERT MCQ Class 12 Economics Chapter 11 Government Budget and Economy with Answers available with PDF free …
electrical wholesale supply calgaryWebApr 12, 2024 · Government budget is document which is prepared of its anticipated tax revenues to proposed expenditure for the coming financial year. Fiscal Policy refers to … foodshion bellevueWebDec 17, 2024 · Government Budget and the Economy Class 12 MCQs Questions with Answers. Question 1. Financial Year in India is : (a) April I to March 31 (b) January 1 to December 31 (c) October 1 to September 30 (d) None of the above. Answer. Answer: (a) April I to March 31 electrical wire code houseWebFeb 7, 2024 · Government Budget and the Economy Class 12 MCQ Questions; ... If you have any queries related to CBSE Class 12 Economics MCQs Multiple Choice Questions with Answers, drop your questions below and will get back to you in no time. Categories CBSE Post navigation. Chemical Equation Calculator. electrical wire ceiling fanWeb10 Questions MCQ Test Economics Class 12 Test: Government Budget And Economy - 1 Test: Government Budget And Economy - 1 for UPSC 2024 is part of Economics … electrical winderWebApr 13, 2024 · Economy Question 1: Consider the following statement regarding GDP deflator: 1. When the GDP deflator is less than unity, nominal GDP is less than real … food shingle springsWeb(A) The government may need to correct the fluctuations (income, employment and prices) in the economy.These may depend upon the level of Aggregate Demand, which in turn depends upon the spending decision of households and firms. To stabilize the economy, under the state of inflation/deflation, Government may alter taxes/expenditure, accordingly. electrical wire codes abbreviations