Budget & Public Finance MCQs for Rajasthan SI
Practice 20 free budget & public finance multiple choice questions for Rajasthan SI exam. Instant answers, explanations in Hindi and English, and topic-wise targeted practice.
Master Budget & Public Finance under Indian Economy for Rajasthan SI with our curated MCQ set. Every question is sourced from real Rajasthan exam patterns and updated regularly. Switch between Hindi and English anytime. Use this daily to strengthen weak areas before the exam.
Rajasthan SI — Indian Economy — Budget & Public Finance
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Which of the following correctly describes 'non-rival' goods?
Question 2 of 20
Which statement is incorrect regarding Public Account?
Question 3 of 20
Which of the following statements is incorrect regarding SGST?
Question 4 of 20
Which of the following best describes the dual GST model in India?
Question 5 of 20
Assertion (A): Income distance criterion favors poorer states. Reason (R): It allocates higher share to states with lower per capita income. Select correct answer:
Question 6 of 20
Which of the following statements about the Finance Commission is/are correct? 1. It is provided under Article 280. 2. It recommends distribution of financial resources between Centre and States. 3. It is a quasi-judicial body. Select the correct answer using the codes below.
Question 7 of 20
Consider the following statements regarding Capital Receipts: 1. They are non-recurring in nature. 2. They always increase assets. 3. They may create liabilities. Which of the above is/are correct?
Question 8 of 20
Assertion (A): IGST ensures seamless flow of input tax credit across states. Reason (R): IGST is levied only by state governments. Select correct answer:
Question 9 of 20
Which of the following statements best explains the concept of Effective Revenue Deficit (ERD)?
Question 10 of 20
Which of the following best explains 'crowding out'?
Question 11 of 20
Consider the following: 1. Fiscal deficit includes borrowings. 2. Revenue deficit includes capital expenditure. Which is/are correct?
Question 12 of 20
Consider the following statements regarding ERD: 1. It improves quality of fiscal analysis. 2. It treats some revenue expenditure as productive. 3. It eliminates fiscal deficit. Which are correct?
Question 13 of 20
Which statement is incorrect regarding Fiscal Deficit?
Question 14 of 20
Which of the following is NOT a component of Public Finance?
Question 15 of 20
Which of the following best describes 'Non-excludable' goods?
Question 16 of 20
Assertion (A): A high Revenue Deficit indicates poor fiscal quality. Reason (R): It implies borrowing for consumption expenditure rather than asset creation.
Question 17 of 20
Which of the following best captures the risk of persistent high fiscal deficit?
Question 18 of 20
Which of the following is the most appropriate inference if Primary Deficit is negative?
Question 19 of 20
Which of the following best explains 'Disinvestment'?
Question 20 of 20