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Question Practice

Which of the following describes a budget surplus?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Government Budget And The Economy
Question Bank

Which of the following describ...

Single Answer MCQ
Q-00089123

Which of the following describes a budget surplus?

1

Government borrows money

2

Expenditures are less than revenues

3

Expenditures are equal to revenues

4

Government spends more than its income

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Q1.

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Q3.

Which measure indicates the excess of revenue expenditure over revenue receipts?

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Q4.

What does a fiscal deficit represent?

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