COMPONENTS OF GOVERNMENT BUDGET

COMPONENTS OF GOVERNMENT BUDGET

Assessment

Assessment

Created by

amit arora

Social Studies

12th Grade

37 plays

Hard

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15 questions

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1.

Multiple Choice

20 sec

1 pt

Subsidies on fertilizers is a

capital receipt

revenue receipt

capital expenditure

revenue expenditure

2.

Multiple Choice

20 sec

1 pt

the component of budget that creates an asset of the government is

revenue receipt

revenue expenditure

capital receipt

capital expenditure

3.

Multiple Choice

20 sec

1 pt

Interest paid on foreign loan is a capital expenditure.

true

false

4.

Multiple Choice

20 sec

1 pt

GST received by the government is a

revenue receipt

capital receipt

an indirect tax

both 1 and 3

5.

Multiple Choice

20 sec

1 pt

corporate tax is a direct tax.

true

false

6.

Multiple Choice

20 sec

1 pt

escheats are

revenue receipts

capital receipts

revenue expenditure

capital expenditure

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