Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Match List-I with List-II

List-I

List-II

(A) Primary deficit

(I) Net borrowing at home + Borrowing from RBI + Borrowing from abroad

(B) Fiscal deficit

(II) Fiscal deficit - Net interest liabilities

(C) Revenue deficit

(III) Revenue expenditure - Revenue receipts

(D) Revenue Expenditure

(IV) Plan and non-plan expenditure

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

Explanation:

The correct answer is Option (2) → (A)-(II), (B)-(I), (C)-(III), (D)-(IV)

List-I

List-II

(A) Primary deficit

(II) Fiscal deficit - Net interest liabilities

(B) Fiscal deficit

(I) Net borrowing at home + Borrowing from RBI + Borrowing from abroad

(C) Revenue deficit

(III) Revenue expenditure - Revenue receipts

(D) Revenue Expenditure

(IV) Plan and non-plan expenditure