IAS PYQTopic: Fiscal Policy (20 Questions)
Consider the following statements:
- I.Capital receipts create a liability or cause a reduction in the assets of the Government.
- II.Borrowings and disinvestment are capital receipts.
- III.Interest received on loans creates a liability of the Government.
Which of the statements given above are correct?
Related topics in Economy
Suppose the revenue expenditure is ₹ 80,000 crores and the revenue receipts of the Government are ₹ 60,000 crores. The Government budget also shows borrowings of ₹ 10,000 crores and interest payments of ₹ 6,000 crores.
Which of the following statements are correct?
- I.Revenue deficit is ₹ 20,000 crores.
- II.Fiscal deficit is ₹ 10,000 crores.
- III.Primary deficit is ₹ 4,000 crores.
Related topics in Economy
A country's fiscal deficit stands at ₹ 50,000 crores. It is receiving ₹ 10,000 crores through non-debt creating capital receipts. The country's interest liabilities are ₹ 1,500 crores. What is the gross primary deficit?
Related topics in Economy
Consider the following statements: Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment. Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government. Which one of the following is correct in respect of the above statements?
Related topics in Economy
2022
With reference to the Indian economy, what are the advantages of "Inflation-Indexed Bonds (IIBs)"?
1. Government can reduce the coupon rates on its borrowing by way of IIBs.
2. IIBs provide protection to the investors from uncertainty regarding inflation.
3. The interest received as well as capital gains on IIBs are not taxable.
Which of the statements given above are correct?
2022
With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct?
1. Acquiring new technology is capital expenditure.
2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.
Select the correct answer using the code given below:
2022
With reference to the Indian economy, consider the following statements:
1. A share of the household financial savings goes towards government borrowings.
2. Dated securities issued at market-related rates in auctions form a large component of internal debt.
Which of the above statements is/are correct?
16 more questions from 2015–2022 are part of IAS PYQ Premium
Unlock the full archive of detailed questions and explanations from previous years, without individual locks on every card.