Public Expenditure Multiple Choice Questions and Answers

1. According to HC Adams public expenditure has to perform the

1. Protective Function
2. Commercial Function
3. Developmental Function
4. All of the above

2. An empirical law to the effect of growing public expenditure was propounded by

1. Wagner
2. Peacock
3. Wiseman
4. None of these

3. Bharat Nirman, MGNREGA are examples of

1. Plan Expenditure
2. Non-Plan Expenditure
3. Capital Expenditure
4. None of the above

4. Debts that are repaid at some specific future date are known as

1. Redeemable debts
2. Irredeemable debts
3. Treasury Bill
4. None of the above

5. Debts which have to be paid at some specific future date are known as

1. Redeemable Debts
2. Irredeemable Debts
3. Treasury
4. None of the above

6. External debts can be raised from

1. Individuals
2. RBI
3. Commercial Banks
4. World Bank

7. External loans are raised from

1. IDBI
2. ICICI
3. RBI
4. WTO

8. Fiscal federalism deals with

1. The division of governmental functions
2. Financial relations among levels of government
3. Proper allocation of Resources
4. All of the above

9. Interest payments are a part of

1. Development Expenditure
2. Non-Development Expenditure
3. Capital Expenditure
4. All of the above

10. Loans taken by the government for purpose of war, earthquakes for covering budget deficit are

1. Productive Debts
2. Unproductive
3. Voluntary Debts
4. None of the above