Government Budget and the Economy
4 Board Economics previous year questions on Government Budget and the Economy — options free on every question; 1 include the answer & explanation free, the rest unlock with PYQ Pass.
In which of the following years the Goods and Services taxes are implemented in India?
In 2017
GST was implemented in India on 1st July 2017.
Read the following statements carefully:
Statement 1: Foreign aids are the capital receipts for the government.
Statement 2: Disinvestments may lead to a decrease in the assets of the government.
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According to the data presented in the Union Budget 2023–24, the total receipts of the government (other than borrowings), and the total expenditure are estimated as ₹20 lakh crore and ₹45 lakh crore respectively. Therefore, the value of _________ deficit would be ₹25 lakh crore.
(Choose the correct option to fill in the blank)
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Identify, which of the following does not represent a public good.
(Choose the correct option)
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