CET Graduate — Budget & Public Finance MCQs
Practice 20 free budget & public finance multiple choice questions for CET Graduate exam. Instant answers with explanations in Hindi and English.
Master Budget & Public Finance under Indian Economy for CET Graduate with our curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English anytime.
CET Graduate — Indian Economy — Budget & Public Finance
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Which of the following is a Capital Receipt?
Question 2 of 20
Which of the following is a 'Charged Expenditure'?
Question 3 of 20
Which of the following statements is correct about the Appropriation Bill?
Question 4 of 20
Which fund deals with unforeseen expenditures?
Question 5 of 20
Which of the following best explains ‘Revenue Deficit’?
Question 6 of 20
Which of the following statements is correct regarding Fiscal Policy?
Question 7 of 20
Which of the following is most appropriate regarding Contingency Fund?
Question 8 of 20
Which one of the following is NOT correctly paired?
Question 9 of 20
Consider the following regarding Article 267: 1. It provides for Contingency Fund. 2. It is operated by executive authority. 3. It requires prior legislative approval for every withdrawal. Which are correct?
Question 10 of 20
Which of the following will NOT affect Revenue Deficit?
Question 11 of 20
Which of the following best captures the risk of persistent high fiscal deficit?
Question 12 of 20
Which of the following is a key objective of GST implementation?
Question 13 of 20
Which of the following correctly defines Public Finance in terms of its core objective?
Question 14 of 20
Consider the following statements regarding Rajasthan FRBM Act 2005: 1. It focuses on fiscal discipline. 2. It mandates elimination of revenue deficit. 3. It encourages unproductive borrowing. Which are correct?
Question 15 of 20
Which of the following statements about 15th Finance Commission is correct?
Question 16 of 20
Which of the following statements about Capital Expenditure is correct?
Question 17 of 20
Which of the following situations will increase Revenue Deficit?
Question 18 of 20
Assertion (A): Appropriation Bill is essential for withdrawal from Consolidated Fund. Reason (R): It authorizes government expenditure legally.
Question 19 of 20
Consider the following statements regarding Fiscal Deficit: 1. It includes both revenue and capital expenditure. 2. It excludes borrowings from total receipts. 3. It measures only revenue account imbalance. Which of the above are correct?
Question 20 of 20
Which expenditure creates assets or reduces liabilities?
More Indian Economy Subtopics
Practice other subtopics under Indian Economy to strengthen your CET Graduate preparation.