EASY
Earn 100

deficit is the difference between total expenditure and total receipts other than borrowing.

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Important Questions on Government Budget and the Economy

MEDIUM
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
The formula to calculate Primary deficit is _____.
 
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit

Which of the following is true in the context of the Ricardian Equivalence?

HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
'The fiscal deficit gives the borrowing requirement of the government'. Elucidate.
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
_____ deficit includes interest payment by the Government on the past loans.
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Non-debt creating capital receipts are those receipts that are not borrowings and, therefore, do not give rise to any debt.
EASY
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit

What is a government budget? Give the meaning of:

(a) Revenue deficit

(b) Fiscal deficit.

EASY
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
In a government budget, revenue deficit is ₹50000 crores and borrowings are ₹75000 crores. The fiscal deficit will be:
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Are fiscal deficits inflationary?
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Choose the correct statements regarding the measures of Government Deficit.
MEDIUM
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Give the relationship between revenue deficit and fiscal deficit. 
MEDIUM
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
_____ Deficit measures the total borrowing requirements of the government.
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Fiscal deficit is equal to Primary deficit plus _____.
EASY
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Which of the following statement is true?
EASY
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
The difference between fiscal deficit and interest payment is called _____.
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Explain the relation between government deficit and government debt.
MEDIUM
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
What is the 'revenue deficit'?
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Does public debt impose a burden? Explain.
HARD
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Discuss the issue of deficit reduction.
EASY
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
Borrowings are equivalent to:
MEDIUM
Economics>Macroeconomics>Government Budget and the Economy>Debt and Deficit
If interest payments are estimated at ₹40000 crores and total borrowing requirements are ₹70000 crores, then primary deficit is ₹_____.