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General Awareness

What is budget?
  1. It is a monthly financial statement of estimated receipts and expenditure of the Government of India in a financial year.
  2. It is an annual financial statement of estimated expenditure of the Government of India in respect of each financial year.
  3. It is quarterly financial statement of estimated recipts of the government of India in respected of each financial year.
  4. It is an annual financial statement of estimated receipts and expenditures of the Government of India in respect of each financial year.
  5. None of these
Which is the following is true rearding a budget?[a] Budget is a legal document.[b]It is passed by the legislature.[c]It is approced by the President.
  1. Onaly option A is correct
  2. Onaly option a and b are correct
  3. Only b and c are correct
  4. All of these
  5. None of these
What are the components of a budget?
  1. Annual financial statement .
  2. Finance Bill.
  3. Demands for Grants.
  4. Appropriation Bill.
  5. All of the above
Which of the following is related to budget ?
  1. Plan expenditure
  2. Decided expenditure
  3. Undecided expenditure
  4. Only option 1 is ture
  5. Both 1 and 2 is true
Which of the following is included in plan expenditure?
  1. Central plans.
  2. Centrally spohsored state plans.
  3. Only option2 is true
  4. Onaly option 1 is ture
  5. Both 1 and 2 is true
Which of the following is included in non plan expenditure ?
  1. Interest payments.
  2. Subsidies.
  3. wage and salary payments to government employees
  4. All of these
  5. None of these
Borrowing is included in which of the following account?
  1. Current account
  2. Saving account
  3. Capital account
  4. Social account
  5. None of these
Article 112 of the Constituon of India is related to:
  1. Budget
  2. Financial Bill
  3. National Emergency
  4. State budget
  5. None of these
Article 110 of the Constituon of India is related to:
  1. Budget
  2. Financial Bill
  3. Money Bill
  4. State budget
  5. None of these
Article 117 of the Constituon of India is related to:
  1. Budget
  2. Financial Bill
  3. Money Bill
  4. State budget
  5. None of these