MPSC Rajyaseva Prelims

Fiscal Policy and Budget question bank (Indian Economy)

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Q1.

Consider the following components of the Union Budget: 1. Corporation Tax 2. Interest receipts from loans given by the Central Government 3. Recovery of loans 4. Disinvestment proceeds Which of the above are classified under Revenue Receipts in the Union Budget?

Topic: Union Budget | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)

1 and 2 only

(B)

1, 2 and 3 only

(C)

3 and 4 only

(D)

1, 2, 3 and 4

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Q2.

Which of the following constitutional provisions mandates the presentation of the Annual Financial Statement (Union Budget) before Parliament?

Topic: Union Budget | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)

Article 110

(B)

Article 112

(C)

Article 266

(D)

Article 280

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