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Government Budget

A detailed, colorful infographic showing various components of a government budget, including capital expenditures, revenue receipts, fiscal deficit, and types of taxes, set against a backdrop of a governmental financial planning theme.

Test Your Knowledge on Government Budget

Welcome to the Government Budget Quiz! This quiz will test your understanding of key concepts related to government finances and budgeting practices.

Prepare yourself and see how much you know about:

  • Capital and revenue expenditures
  • Fiscal deficits
  • Types of taxes
  • Union Budget duration
10 Questions2 MinutesCreated by BudgetMaster487
Name:
Capital expenditure include
Recovery of loan
Borrowings
Repayment of loan
Disinvestment
If revenue deficit is 50000 and borrowings are 75000 then fiscal deficit is
25000
75000
50000
125000
Revenue receipt include
Borrowings
Escheat
Disinvestment
Salaries
Which is not a direct tax?
Corporate tax
Income tax
Property tax
Toll Tax
Identify the tax whose burden can be shifted?
Income tax
GST
Corporate tax
Death duty
What is the duration of Union Budget
Annual
Quarter
Two years
Five years
Surplus budget is preferred during deflation
True
False
Indirect taxes are progressive in nature
True
False
Indirect taxes are easy to realise
True
False
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