Buy Public Finance Discussion Assignment

Buy Public Finance Discussion Assignment
Order 5964664
Buy Public Finance Discussion Assignment
1. In our Constitution, the term ‘Budget’ is
used under
(a) Article 112 (b) Article 72
(c) Schedule 5 (d) No where used
2. In India, Budget is prepared by
(a) Department of Economic Affair
(b) Department of Revenue
(c) Department of Banking and Finance
(d) None of the above
3. The first Budget of the Independent
India was presented by
(a) Vallabhbhai Patel
(b) Dr Bhabha
(c) Baldev Sahai
(d) RK Shanmukham Chetty
4. First outcome budget of India was
prepared in the year
(a) 2001 (b) 2005 (c) 2010 (d) 2011
5. The concept of Zero Based Budget
(ZBB) was given by
(a) RA Musgrave (b) Peter A Pyhrr
(c) Kaldor (d) VKRV Rao
6. In which country zero based budgeting
was used for the first time?[UPPSC2017]
(a) USA (b) France
(c) India (d) Germany
7. The concept of performance budget
was taken from [UPPSC 2010]
(a) Germany (b) France
(c) UK (d) USA
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8. The controlling authority of government
expenditure is the [BPSC 2015]
(a) RBI
(b) Planning Commission
(c) Finance Ministry
(d) Finance Commission
9. The Finance Minister who announced
long term fiscal policy for the country
[UP RO/ARO 2014] (a) VP Singh
(b) P Chidambaram
(c) Dr Manmohan Singh
(d) Yashwant Singh
10. Which one of the following is the major
component of budget of the financial
year of the Union Government in India?
(a) Actual figures for the preceding year.
(b) Budget and revised figures for the
current year.
(c) Budget estimates for the following
year.
(d) All of the above
11. Identify the correct sequence of passing
a Budget in the Parliament [CDS 2009]
(a) Vote on Account Finance BillAppropriation Bill-Discussion on
Budget.
(b) Finance Bill-Appropriation BillDiscussion on Budget-Vote on Account.
(c) Discussion on Budget-Vote on
Account-Finance Bill-Appropriation
Bill
(d) Discussion on Budget-Appropriation
Bill-Finance Bill- Vote on Account.
12. Identify the correct sequence of passing
a budget from the given options.
I. Presentation of Budget
II. Scrutiny of Budget by Departmentally
related Standing Committee.
III. Passing of Finance Bill
IV. Passing of Appropriation Bill
Codes [Astt. Comm. 2017]
(a) I, II, IV, III (b) I, III, II, IV
(c) II, I, III, IV (d) I, II, III, IV
13. As per the Budget estimates of
2019-20, the following are some of the
important sources of tax receipts for the
Union Government . [CDS 2020]
I. Corporation Tax
II. Taxes on income other than
Corporation Tax
III. Goods and Service Tax.
IV. Union Excise Duties
Which one of the following is the correct
descending order of the foresaid tax
receipts as a percentage of GDP?
(a) I, II, III, IV (b) I, III, II, IV
(c) III, II, I, IV (d) II, IV, III, I
14. Given below are two statements, one
is labelled as Assertion (A) and the
other as Reason (R).
Assertion (A) Article 112 of the Indian
Constitution describes Union Budget
as Annual Finance Statement.
Reason (R) Morarji Desai has
presented maximum budget.
Codes
(a) Both A and R are true and R is the
correct explanation of A
(b) Both A and R are true but R is not
the correct explanation of A
(c) A is true, but R is false
(d) A is false, but R is true
15. Assertion (A) In India zero based
budgeting method is being promoted.
Reason (R) In this method before
allocating revenue all expenses for
each new period must be justified.
Codes
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(a) Both A and R are true and R is the
correct explanation of A
(b) Both A and R are true, but R is not
the correct explanation of A
(c) A is true, but R is false
(d) A is false, but R is true
16. Who among the following overseas the
Fiscal Policy in India?
(a) Ministry of Finance (b) RBI
(c) Parliament
(d) Prime Minister
17. Government receipts are divided into
(a) Revenue receipts
(b) Capital receipts
(c) Primary receipts
(d) Both (a) and (b)
18. All government receipts which either
create liability or reduce assets are
treated as
(a) Revenue receipts
(b) Capital receipts
(c) Primary receipts
(d) None of the above
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