Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Match List I with List II

LIST I

LIST II

A. Revenue Tax Receipts

I. Govt Employee Received Salary

B Revenue Non Tax Receipts

II. Govt. received income tax from individual

C. Revenue Plan Expenditure

III. Govt. received license fee

D. Non-Plan Revenue Expenditure

IV. Govt. school students received mid day meal

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (3) → A-II, B-III, C-IV, D-I

  • Revenue Tax Receipts are taxes collected by the government, such as income tax.
  • Revenue Non-Tax Receipts are non-tax revenues collected by the government, such as license fees.
  • Revenue Plan Expenditure is the government spending on planned schemes and services, like mid-day meals in schools.
  • Non-Plan Revenue Expenditure is the routine expenditure of the government, such as salaries of government employees.

LIST I

LIST II

A. Revenue Tax Receipts

II. Govt. received income tax from individual

B Revenue Non Tax Receipts

III. Govt. received license fee

C. Revenue Plan Expenditure

IV. Govt. school students received mid day meal

D. Non-Plan Revenue Expenditure

I. Govt Employee Received Salary