Hello Guest !
Register or Login
₹
0.00
Home
Current Affairs
Current Affairs Quiz
GK Questions
Explained!
E-Books
Hindi
Printed Books
Current Affairs
Daily MCQs
📝 Daily Current Affairs Quiz
Monthly MCQs
Current Affairs Quiz – February 2026
Current Affairs Quiz – January 2026
Current Affairs Quiz – December 2025
Current Affairs Quiz – November 2025
Current Affairs Quiz – October 2025
Current Affairs Quiz – September 2025
📁 Previous Months Quiz - 2017 - 2025
Topic Wise CA MCQs
🌍 India Current Affairs MCQs
🏛 Government Schemes MCQs
💼 Business, Economy & Banking MCQs
🚀 Defence MCQs
📈 Reports and Indices MCQs
🌿 Environment & Biodiversity MCQs
🏆 Awards, Honours & Persons MCQs
📍 Places in News MCQs
🎉 Important Days and Events MCQs
🏀 Sports Current Affairs MCQs
🔬 Science & Technology MCQs
🎤 Summits and Conferences in MCQs
🌐 International MCQs
🖼 Art & Culture MCQs
CA MCQs in Other Languages
📝 हिन्दी करेंट अफेयर्स
📝 ಪ್ರಚಲಿತ ವಿದ್ಯಮಾನಗಳು
📝 मराठी चालू घडामोडी
📝 తెలుగులో కరెంట్ అఫైర్స్
📝 ગુજરાતી કરંટ અફેર્સ 2026-27
GK MCQs Section
SSC/RRB/States Level MCQs
📜 Ancient Indian History
🗡️ Medieval Indian History
🏛️ Modern Indian History
🗺️ Indian Geography
🌏 World Geography
⚖️ Indian Polity & Constitution
🐾 Environment & Biodiversity
🕉️ Indian Art & Culture
🏆 Sports GK
💰 Indian Economy
🔬 General Science
🧬 General Science - Biology
💡 General Science - Physics
🧪 General Science - Chemistry
🗿 World History
✍️ Books & Authors
🔍 All GK Questions Categories
41. Fiscal Policy, Budget, India's debt
1
2
3
4
5
1.
Which statement defines a balanced budget?
Total expenditure exceeds total revenue
Total revenue equals total expenditure
Total revenue exceeds total expenditure
Total revenue equals or exceeds expenditure
2.
Which among the following imposes a greater burden (relative to resources) on the poor than on the rich ?
Progressive tax
Regressive Tax
Lump Sum tax
Proportional tax
3.
Which best defines Gross Budgetary Support?
Value of gross revenue receipts by the government
Fraction of total expenditure on Central sectors, ministries, and State/UT plans
Value of total plan expenditure
Fraction of expenditure on different Central sectors plans
4.
In context of Budget, which among the following is NOT a Non-Plan Expenditure?
Interest payments on loans
Defense expenditure
Pension payments to government employees
Central Assistance to States for developmental projects
5.
Which tools and goals define fiscal policy?
Managing interest rates and money supply
Taxation and government spending to influence economy
Open market operations for bank reserves
Setting reserve requirements for banks
Submit Test
These questions have been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India.
🔍
E-Books
Current Affairs Monthly 240 MCQs
CA Articles+MCQs [Fortnightly PDF]
CA Articles [Monthly Datewise PDF]
CA Articles [Monthly Topic Wise PDF]
CA Articles [Yearly PDF]
States PSC General Studies
🌾 Andhra Pradesh General Studies (APPSC)
🦜 Arunachal Pradesh General Studies (APPSC)
🛶 Assam General Studies (APSC)
🧱 Bihar General Studies (BPSC)
🌋 Chhattisgarh General Studies (CGPSC)
🌊 Goa General Studies (GPSC)
🧵 Gujarat General Studies (GPSC)
🛤️ Haryana General Studies (HPSC)
🏞️ Himachal Pradesh General Studies (HPPSC)
❄️ Jammu & Kashmir General Studies (JKPSC)
⚒️ Jharkhand General Studies (JPSC)
🪕 Karnataka General Studies (KPSC)
🌴 Kerala General Studies (KPSC)
🌧️ Meghalaya General Studies (MPSC)
🏹 Madhya Pradesh General Studies (MPPSC)
🚋 Maharashtra General Studies (MPSC)
🥁 Manipur General Studies (MPSC)
🧣 Mizoram General Studies (MPSC)
🪓 Nagaland General Studies (NPSC)
🐘 Odisha General Studies (OPSC)
🪙 Punjab General Studies (PPSC)
🏜️ Rajasthan General Studies (RPSC)
🧭 Sikkim General Studies (SPSC)
🎭 Tamil Nadu General Studies (TNPSC)
📜 Telangana General Studies (TSPSC)
🌳 Tripura General Studies (TPSC)
🏯 Uttar Pradesh General Studies (UPPSC)
⛰️ Uttarakhand General Studies (UKPSC)
🎨 West Bengal General Studies (WBPSC)
Latest in Hindi
राष्ट्रीय आरोग्य मेला 2026: आयुष चिकित्सा और औषधीय खेती को बढ़ावा
दिल्ली–मेरठ नमो भारत कॉरिडोर का उद्घाटन, 82 किमी आरआरटीएस परियोजना पूरी
केंद्र की मंजूरी के बाद ‘केरल’ का नाम बदलकर ‘केरलम’ करने की प्रक्रिया शुरू
राष्ट्रीय मौद्रीकरण पाइपलाइन 2.0 के तहत नागरिक उड्डयन क्षेत्र के लिए 27,500 करोड़ रुपये का लक्ष्य
अमेरिकी सीनेट में अवैध टैरिफ राजस्व की वापसी हेतु विधेयक पेश