Question 1

“In the Annual Budget 2022-23, the Government of India set up disinvestment targets of Rs. 65,000 crore”. Such proceeds from disinvestment can be classified as _____ receipts in the Government Budget as it leads to _____ of the Government. (Choose the correct alternative)

Accepted Answer

(D) revenue, decrease in liabilities

Question 2

In order to tackle the problem of rising general price level in an economy, government may come up with a surplus budget to achieve the budget objective of _____. (i) reallocation of resources (ii) price stability (iii) redistribution of income Alternatives :

Accepted Answer

(D) (i) and (iii)

Government Budget and the Economy

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