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Primary Deficit & Revenue Deficit

Q42. Revenue ...

Question

Q42. Revenue expenditure of the government of India includes

i) Grants given to state governments

ii) Various subsides

iii) Repayment of loans

iv) Interest payments

Choose the correct answer

A

a) i only

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B

b) ii only

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C

c) i, ii and iv

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D

d) i, iii and iv

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Solution

The correct option is C
c) i, ii and iv

ans : C

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Similar questions

Q. Short answer type questions:
Giving reasons, categorise the following into revenue expenditure and capital expenditure: (i) Subsidies; (ii) Grants given to State Governments; (iii) Repayment of loans; (iv) Construction of school buildings.

Q. Identify the following as revenue expenditure and capital expenditure. Give reasons.
(i) Salary paid to Army officers.
(ii) Purchase of Metro coaches from Japan.
(iii) Repayment of Loan taken from World Bank.
(iv) Grants given by central government to state Government.
(v) Loan given to Union Territories.
(vi) Interest paid on National Debt
(vii) Expenditure on construction of Metro. (viii) Pension paid to retired Government employees.
(ix) 10% shares purchased by the Government in a private company.

Q. Grants, a part of the revenue expenditure of the government, refers to all the grants given by the state government to the central government.

Q. Loan granted by the central government to state government are included under capital expenditure.

Q. 47. Which of the following comes under the category of Non plan revenue Expenditure?
1. Interest payment on the Loan taken by Government of India
2. Grant to Foreign Government
3. Defence equipment and modernization
4. SubsidiesSelect the correct answer
using the code given below

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