Question : What is the purpose of a capital budget?
Option 1: To fund ongoing operations of the government
Option 2: To fund major infrastructure projects
Option 3: To fund social welfare programs
Option 4: To fund military operations
Correct Answer: To fund major infrastructure projects
Solution : The correct answer is (b). To fund major infrastructure projects.
The purpose of a capital budget is to allocate funds specifically for major infrastructure projects and investments. A capital budget focuses on long-term investments in physical assets, such as buildings, roads, bridges, airports, schools, and other infrastructure systems. These projects often have a significant impact on the economy and society as a whole. Capital budgets are separate from operating budgets, which are used to fund the ongoing day-to-day operations of the government, including salaries, utilities, maintenance, and other recurring expenses. By having a separate capital budget, governments can prioritize and plan for large-scale infrastructure projects that require substantial funding. This allows for careful consideration of the costs, benefits, and feasibility of various projects to ensure that resources are allocated efficiently and effectively.
Question : Which type of budget is primarily concerned with planning and allocating funds for long-term investments, such as infrastructure development or major equipment purchases?
Option 1: Operating budget
Option 2: Capital budget
Option 3: Cash budget
Option 4: Program budget
Question : What is a major problem of health infrastructure in India?
Option 1: Lack of skilled healthcare professionals
Option 2: Excessive availability of healthcare facilities
Option 3: Overutilization of resources
Option 4: Abundant supply of medicines
Question : What was a major criticism of the 'Garibi Hatao' campaign?
Option 1: Lack of focus on rural development
Option 2: Ineffective implementation
Option 3: Neglect of industrial growth
Option 4: Overemphasis on social welfare
Question : The partition of India in 1947 led to the division of which major province?
Option 1: Maharashtra
Option 2: Bengal
Option 3: Tamil Nadu
Option 4: Gujarat
Question : What was a major challenge to the bipolarity of the Cold War era?
Option 1: The rise of non-aligned countries
Option 2: The formation of the European Union
Option 3: The collapse of the Soviet Union
Option 4: The end of colonialism
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