Daily Archives: March 2, 2015

Prelims MCQs Quiz 21 : Economy

1. Receipts in budget can be capital or revenue. Which of these is/are capital receipts? 1. Loan recoveries 2. Provident funds deposits 3. Grants Select the correct answer using the codes given below. a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2 and 3 2. If a government is unable to pass the budget in Lok Sabha, then: a) a totally new budget is presented. b) the budget is revised and presented again. c) the government… Continue Reading »