Question : The gross primary deficit can be expressed as ______.

Option 1: Gross fiscal deficit – Net interest liabilities

Option 2: Capital expenditure – Revenue deficit

Option 3: Gross fiscal deficit + Net interest liabilities

Option 4: Revenue deficit + Capital expenditure

Question : If the government revenue expenditure exceeds revenue receipt, it is called:

Option 1: revenue deficit

Option 2: primary deficit

Option 3: capital deficit

Option 4: fiscal deficit

Question : A ____ deficit is financed by net capital flows the rest of the world, thus by a capital account surplus.

Option 1: current account

Option 2: saving account

Option 3: capital account

Option 4: asset account

Question : The Vice-President is:

Option 1: A member of Lok Sabha

Option 2: A member of Rajya Sabha

Option 3: A member of either House

Option 4: Not a member of the Parliament

Question : Which of the following is not included in capital receipts?

Option 1: Foreign aid

Option 2: Taxes

Option 3: Recovery of loans

Option 4: Borrowings