Fiscal Deficit Multiple Choice Questions and Answers

11. Pump Priming is related with

1. Monetary policy
2. Income policy
3. Price policy
4. Fiscal policy

12. The fiscal deficit excluding the interest liabilities for a year is called as

1. Revenue deficit
2. Capital deficit
3. Budget deficit
4. Primary deficit

13. The most important aim of fiscal policy in a developing country is

1. economic stability
2. economic development
3. regional balance
4. None of these

14. The principle of judging fiscal measures by the way they work is called

1. Personal Finance
2. Public Finance
3. Functional Finance
4. Local Finance

15. The theory of fiscal policy derives from

1. Principle of sound finance
2. N.I. analysis
3. Welfare economics
4. None of these

16. Which of the following is a measure of fiscal policy?

1. Public expenditure
2. C.R.R.
3. S.L.R.
4. Bank rate

17. Which of the following is not a fiscal instrument?

1. Open market operations
2. Public expenditure
3. Taxation
4. budget