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LDC — Budget & Public Finance MCQs

Practice 20 free budget & public finance multiple choice questions for LDC exam. Instant answers with explanations in Hindi and English.

Master Budget & Public Finance under Indian Economy for LDC with our curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English anytime.

LDC — Indian Economy — Budget & Public Finance

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Which of the following statements is incorrect regarding SGST?

Question 2 of 20

Which of the following best represents fiscal irresponsibility?

Question 3 of 20

Which of the following is included under Non-Tax Revenue in Rajasthan context?

Question 4 of 20

Which of the following is an example of Revenue Expenditure?

Question 5 of 20

Which statement is most appropriate regarding Article 266?

Question 6 of 20

Which of the following is the most appropriate reason for high committed expenditure affecting development?

Question 7 of 20

Public Finance primarily deals with which of the following mechanisms?

Question 8 of 20

Which of the following statements is correct about the Appropriation Bill?

Question 9 of 20

Which of the following best explains 'crowding out'?

Question 10 of 20

Which of the following combinations indicates the worst fiscal situation?

Question 11 of 20

Which of the following correctly describes the ‘Escape Clause’ under FRBM framework?

Question 12 of 20

Consider the following statements regarding Budget: 1. It is called Annual Financial Statement in Constitution. 2. It covers a period from January to December. 3. It acts as a financial blueprint of government. Which of the above is/are correct?

Question 13 of 20

Zero Primary Deficit implies which of the following?

Question 14 of 20

Assertion (A): Article 265 is a major safeguard against arbitrary taxation. Reason (R): No tax can be levied or collected except by authority of law.

Question 15 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 16 of 20

Public finance includes which of the following components? 1. Public Revenue 2. Public Expenditure 3. Public Debt 4. Monetary Policy Select the correct answer:

Question 17 of 20

The FRBM Act, 2003 was primarily enacted to:

Question 18 of 20

Which of the following is the most misleading indicator of fiscal health if used alone?

Question 19 of 20

Which of the following is the most appropriate inference if Primary Deficit is negative?

Question 20 of 20

Which statement is correct regarding Article 266?

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