Q1. According to a headline, "Government to go ahead with AI disinvestment". Identify the nature of the statement given in the headline.

Q2. _______________ means that the public goods are financed in the budget and can be used without any direct payment.

Q3. Which of the following is a capital receipt in the context of Government Budget?

Q4. Defence services expenditure is a capital expenditure. True or false?

Q5. _______________ are those receipts that do not lead to a claim on the Government and are non-redeemable.

Q6. Identify the tax whose burden cannot be shifted.

Q7. Which of the following is a combination of capital expenditure?

Q8. Financial help from a multi-national corporation for victims in a flood affected area is a capital receipt. True or false?

Q9. Primary deficit will be equal to zero when:

Q10. In an economy, if the estimated budget receipts are more than the estimated budget expenditure, the budget would be referred to as a _______________ budget.

Q11. If the Government needs to incur higher expenditure, it will have to increase the taxes in order to keep the budget balanced.

Q12. A large share of _______________ in the fiscal deficit indicates that a large part of the borrowings is being used to meet the Government's consumption expenditure rather than investment.

Q13. Which of the following statements is true?

Q14. Which of the following is not true for revenue deficit? A revenue deficit:

Q15. _______________ is a revenue receipt of the Government, when the owner of the property dies without leaving behind a will or a legal heir.

Q16. _______________ is a key variable in judging the financial health of the public sector and stability of the economy.

Q17. The revenue and expenditure policy of the Government is often referred to as _______________

Q18. When goods are directly produced by the Government, they are known as:

Q19. Indirect taxes are _______________ in nature.

Q20. In a situation of economic instability, the Government should adopt: