Budget & Public Finance MCQs for RAS
Practice 20 free budget & public finance multiple choice questions for RAS exam. Instant answers, explanations in Hindi and English, and topic-wise targeted practice.
Master Budget & Public Finance under Indian Economy for RAS 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.
RAS — Indian Economy — Budget & Public Finance
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Which statement is correct regarding Article 266?
Question 2 of 20
Which of the following correctly describes 'non-rival' goods?
Question 3 of 20
Consider the following statements regarding Revenue Deficit: 1. It necessarily implies decline in capital formation. 2. It may lead to inter-generational burden. 3. It always results in fiscal deficit of equal magnitude. Which of the above are correct?
Question 4 of 20
Public Finance primarily deals with which of the following mechanisms?
Question 5 of 20
Consider the following statements regarding Primary Deficit: 1. It ignores past debt obligations. 2. It is always lower than fiscal deficit. 3. It can be negative. Which are correct?
Question 6 of 20
Which of the following combinations is correctly matched? 1. Borrowings – Increase in liability 2. Disinvestment – Increase in assets 3. Recovery of loans – Reduction in financial assets
Question 7 of 20
Primary Deficit becomes zero when:
Question 8 of 20
Which of the following statements is correct regarding IGST revenue distribution?
Question 9 of 20
Which of the following situations indicates reallocation of resources by government?
Question 10 of 20
Assertion (A): FRBM Act promotes macroeconomic stability. Reason (R): It limits fiscal deficit and government borrowing. Select correct answer:
Question 11 of 20
Higher Capital Outlay leads to which of the following effects?
Question 12 of 20
Which article deals with State Budget?
Question 13 of 20
Which of the following statements best differentiates Public Finance from Private Finance?
Question 14 of 20
Assertion (A): Market failure justifies government intervention. Reason (R): Private sector fails to provide non-excludable and non-rival goods efficiently. Select the correct answer:
Question 15 of 20
Which of the following is included under Non-Tax Revenue in Rajasthan context?
Question 16 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 17 of 20
Assertion (A): Budgeting is an administrative tool. Reason (R): It helps in resource allocation and planning. Select the correct answer:
Question 18 of 20
Which of the following is a key objective of GST implementation?
Question 19 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 20 of 20