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Government Budget: Receipts & Expenditure · Question 53 of 57

Question 53

EasyOriginal question

A government expects receipts of ₹2,000 crore and spending of ₹2,000 crore. Its budget is

Options for question 53

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Receipts equal expenditure, so the budget is balanced.

Concept
Balanced budget
Typical time
40 s
Your time
—
The rule this testsBalanced, surplus and deficit budgets
Practise this chapter →

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.