MPSC Rajyaseva Prelims

Maharashtra Economy question bank (Indian Economy)

Practice 35 free MPSC Rajyaseva Prelims Indian Economy - Maharashtra Economy questions with answers and step-by-step solutions.

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Q1.

According to the Fiscal Responsibility and Budget Management (FRBM) Act, what is the primary fiscal parameter targeted by the government?

Topic: Maharashtra State Budget and Fiscal Position | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)

Revenue Deficit and Fiscal Deficit reduction

(B)

Maintaining high foreign exchange reserves

(C)

Eliminating agricultural subsidies

(D)

Regulating stock market volatility

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Q2.

In the context of Maharashtra's state finances, what does 'capital expenditure' primarily refer to?

Topic: Maharashtra State Budget and Fiscal Position | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)

Day-to-day administrative expenses like salaries and pensions

(B)

Expenditure on creation of assets such as roads, bridges, and infrastructure

(C)

Interest payments on past borrowings

(D)

Subsidies given on food and power

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