PYQ Browser
4392 Previous Year Questions • 2016–2026 • Prelims, Mains, Essay, Optionals
Topic:[GS-III] Government Budgeting.17 PYQs
Clear Topic Filter ✕All Exams
Year
Prelims - Paper 1 (GS)
11 shown2026•Prelims•Paper 1 (GS)•Q.94
Which one of the following best describes the 'Crowding Out Effect' in the context of fiscal policy?
Government Budgeting
2025•Prelims•Paper 1 (GS)•Q.10
Consider the following statements :
I. Capital receipts create a liability or cause a reduction in the assets of the Government.
II. Borrowings and disinvestment are capital receipts.
III. Interest received on loans creates a liability of the Government.
Which of the statements given above are correct?
Government Budgeting
2025•Prelims•Paper 1 (GS)•Q.61
Suppose the revenue expenditure is ₹80,000 crores and the revenue receipts of the Government are ₹60,000 crores. The Government budget also shows borrowings of ₹10,000 crores and interest payments of ₹6,000 crores.
Which of the following statements are correct?
I. Revenue deficit is ₹20,000 crores.
II. Fiscal deficit is ₹10,000 crores.
III. Primary deficit is ₹4,000 crores.
Select the correct answer using the code given below.
GS-III
2025•Prelims•Paper 1 (GS)•Q.65
A country's fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating capital receipts. The country's interest liabilities are ₹1,500 crores. What is the gross primary deficit?
Indian Economy
2024•Prelims•Paper 1 (GS)•Q.85
With reference to Union Budget, consider the following statements:
1
The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament.
2
At the Union level, no demand for a grant can be made except on the recommendation of the President of India.
Government Budgeting
2020•Prelims•Paper 1 (GS)•Q.6
Along with the Budget, the Finance Minister also places other documents before the Parliament which include 'The Macro Economic Framework Statement'. The aforesaid document is presented because this is mandated by
Economics
2018•Prelims•Paper 1 (GS)•Q.8
With reference to India's decision to levy an equalization tax of 6% on online advertisement services offered by non-resident entities, which of the following statements is/are correct?
1
It is introduced as a part of the Income Tax Act.
2
Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".
Fiscal Policy/Taxation
2016•Prelims•Paper 1 (GS)•Q.12
Which of the following is/are included in the capital budget of the Government of India?
1
Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2
Loans received from foreign governments
3
Loans and advances granted to the States and Union Territories
Economics - Government Budget
2015•Prelims•Paper 1 (GS)•Q.98
There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?
1
Reducing revenue expenditure
2
Introducing new welfare schemes
3
Rationalizing subsidies
4
Expanding industries
Government Budgeting
2014•Prelims•Paper 1 (GS)•Q.100
With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure?
1
Defence expenditure
2
Interest payments
3
Salaries and pensions
4
Subsidies
Economics
2013•Prelims•Paper 1 (GS)•Q.44
In India, deficit financing is used for raising resources for
Economics
Mains - GS-III
6 shown2025•Mains•GS-III•Q.11
Explain how the Fiscal Health Index (FHI) can be used as a tool for assessing the fiscal performance of states in India. In what way would it encourage the states to adopt prudent and sustainable fiscal policies?
GS-III
2021•Mains•GS-III•Q.2
Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.
GS-III
2019•Mains•GS-III•Q.12
The public expenditure management is a challenge to the Government of India in the context of budget making during the post-liberalization period. Clarify it.
GS-III
2018•Mains•GS-III•Q.2
Comment on the important changes introduced in respect of the Long-term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019.
Government Budgeting
2017•Mains•GS-III•Q.11
One of the intended objectives of the Union Budget 2017-18 is to 'transform, energise and clean India'. Analyse the measures proposed in the Budget 2017-18 to achieve the objective.
GS-III
2016•Mains•GS-III•Q.2
Women empowerment in India needs gender budgeting. What are the requirements and status of gender budgeting in the Indian context?
Government Budgeting