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Government Budget: Receipts & Expenditure · Question 54 of 57

Question 54

MediumOriginal question

A government expects receipts (excluding borrowing) of ₹2,500 crore and plans to spend ₹2,800 crore. This is a

Options for question 54

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Planned spending exceeds receipts by 300, which must be borrowed: a deficit budget.

Concept
Deficit budget
Typical time
70 s
Your time
—
The rule this testsBalanced, surplus and deficit budgets
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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

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