Question : Which of the following is not a component of the expenditure of the Government?
Option 1: Expenditure on the acquisition of machinery
Option 2: Expenditure on the acquisition of land
Option 3: Expenditure on the acquisition of the building
Option 4: Interest payments
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Correct Answer: Interest payments
Solution : The correct option is Interest payments.
Interest payments are often not part of the government's capital budget. Rather than being a capital expense, interest payments are a component of revenue expenditure.
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Question : Which of the following is not a capital expenditure?
Option 1: Loans and advances by the central government
Option 3: Investment in shares
Option 4: Subsidies payment
Question : Which of the following is added to the national income to obtain the personal income of the households?
Option 1: Net interest payments
Option 2: Transfer payments from the government and firms
Option 3: Undistributed profits
Option 4: Corporate tax
Question : The income of A is $\frac{2}{3}$ of B's income and the expenditure of A is $\frac{3}{4}$ of B's expenditure. If $\frac{1}{3}$ of the income of B is equal to the expenditure of A, then the ratio of the savings of A to those of B is:
Option 1: 5 : 3
Option 2: 3 : 5
Option 3: 4 : 3
Option 4: 3 : 4
Question : Which of the following industries is at Koraput ?
Option 1: Ship Building
Option 2: Aircrafts Building
Option 3: Iron and Steel
Option 4: Electric Locomotives
Question : Which of the following is not a function of money?
Option 1: Medium of exchange
Option 2: Problem in storage
Option 3: Measure of value
Option 4: Standard of deferred payments
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