Question : Which of the following functions of the government budget is associated with the distribution of income?

I. Allocation function

II. Redistribution function

Option 1: Only I

Option 2: Neither I nor II

Option 3: Both I and II

Option 4: Only II

Question : A motion that seeks to reduce the amount of demand represented by the government to Re. 1 is known as:

Option 1: disapproval of policy cut

Option 2: token cut

Option 3: economy cut

Option 4: vote on account

Question : The demand for labour is called 

Option 1: Market demand .

Option 2: Direct demand .

Option 3: Derived demand .

Option 4: Factory demand .

Question : The demand for the commodity is direct but the demand for a factor of production is called a: 

Option 1: crossed demand 

Option 2: joint demand

Option 3: derived demand 

Option 4: independent demand 

Question : Select the INCORRECTLY spelt word in the following sentence.

The outcome of the survey was a critical intervention to the questionaire prepared by Suraj and his committee.

Option 1: questionaire

Option 2: committee

Option 3: intervention

Option 4: outcome