Q. Consider the following statements in reference to Off Budget Financing:

Which of the statements given above is/are correct?

1 only

No worries! We‘ve got your back. Try BYJU‘S free classes today!

2 only

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Both 1 and 2

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Neither 1 nor 2

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B 2 only
Explanation:

Statement 1 is incorrect. Off-budget borrowings are loans that are taken not by the Centre directly, but by another public institution that borrows in the direction of the central government. Such borrowings are used to fulfill the government’s expenditure needs.

Statement 2 is correct. One of the most sought-after details in any Union Budget is the level of fiscal deficit. Off-budget borrowings are a way for the Centre to finance its expenditures while keeping the debt off the books so that it is not counted in the calculation of the fiscal deficit.

Suggest Corrections

Similar questions

Q. With reference to the Off budget financing, consider the following statements:

Select the correct answer using the codes given below:

Q. With reference to Off-budget borrowings, consider the following statements:

Which of the statements given above is/are correct?

Q. बजटेतर ऋण (Off-budget borrowings) के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिए:

ये वित्तीय देनदारियां हैं जिसे सरकारी योजनाओं के वित्तपोषण के लिए व्यय किया जा सकता है।
बजटेतर ऋण की आय का उपयोग केवल राजस्व व्यय के लिए किया जाता है।
इन्हें राजकोषीय घाटे की गणना से बाहर रखा जाता है।

उपर्युक्त कथनों में से कौन सा/से सही है/हैं?

ये वित्तीय देनदारियां हैं जो सरकारी योजनाओं के वित्तपोषण के लिए व्यय की जा सकती हैं।
बजटेतर ऋण की प्राप्तियों का उपयोग केवल राजस्व व्यय के लिए किया जाता है।
राजकोषीय घाटे की गणना में इन्हें शामिल नहीं किया जाता है।

Q. Consider the following statements in reference to Development finance institutions

Which of the statements given above is/are correct?

Q. Consider the following in reference to Small Finance Banks (SFBs):

Which of the statements given above is/are correct?

Join BYJU'S Learning Program