Commerce & Management•Updated for 2026 Competitive Exams
MCQS on Fiscal Policy
Practice top multiple choice questions (MCQs), topic summary, and verified answers for MCQS on Fiscal Policy. Essential for Central & State competitive examinations. Solve these high-frequency practice questions with step-by-step solutions to evaluate your preparation level.
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Practice Questions & Explanations (10 Questions)
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Q1UPSC / SSCMedium
Fiscal policy is the policy of:
Q2UPSC / SSCMedium
Which of the following is a tool of fiscal policy?
Q3UPSC / SSCMedium
When government expenditure exceeds its revenue receipts and non-debt capital receipts, the resulting gap is called:
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Q4UPSC / SSCMedium
Primary Deficit is calculated as:
Q5UPSC / SSCMedium
Which of the following describes 'Expansionary Fiscal Policy'?
Q6UPSC / SSCMedium
The FRBM Act stands for:
Q7UPSC / SSCMedium
Which of the following is a Direct Tax?
Q8UPSC / SSCMedium
Deficit financing implies:
Q9UPSC / SSCMedium
A 'Progressive Tax' system is one where:
Q10UPSC / SSCMedium
Who presents the Union Budget in the Parliament of India?
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