Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

What is the focus of "Government budget"?

Options:

Maximise revenue deficit

Minimise fiscal deficit

Reduce unemployment and gender disparities

All of the above

Correct Answer:

Minimise fiscal deficit

Explanation:

The correct answer is option 2: Minimise fiscal deficit

The correct focus of the government budget is: Minimise fiscal deficit

A key objective of government budgeting is to manage public finances effectively, which includes minimizing the fiscal deficit implying reduction in the borrowing level.

While reducing unemployment and addressing gender disparities are also important goals, these are typically addressed through targeted policies and programs rather than being the main focus of the government budget itself.