Question : Which of the following is true?

A) Fiscal deficit is financed from borrowings.

B) Recovery of loans is a revenue receipt.

Option 1: Only B

Option 2: Neither A nor B

Option 3: Both A and B

Option 4: Only A

Question : Identify the incorrect equation.

Option 1: Revenue receipts = Tax revenue (net of State's share) less non-tax revenue

Option 2: Gross fiscal deficit = Total expenditure - (Revenue receipts + Non-debt creating capital receipts)

Option 3: Gross primary deficit = Gross fiscal deficit - Net interest liabilities

Option 4: Revenue deficit = Revenue expenditure - revenue receipts

Question : Which of the following pairs of "elements - valency" is correct?
I. Boron - 2
II. Fluorine - 3

Option 1: Neither I nor II

Option 2: Both I and II

Option 3: Only II

Option 4: Only I

Question : The dividends received by the government from Public Sector Undertakings (PSUs) are ________.

Option 1: capital expenditure

Option 2: capital receipts

Option 3: non-tax revenue receipts

Option 4: tax revenue receipts

Question : Which of the following pairs of "river-tributary" is correct?
I. Tapi - Manjra
II. Krishna - Ghataprabha

Option 1: Neither I nor II

Option 2: Only II

Option 3: Only I

Option 4: Both I and II