List of top Economics Questions on Budget asked in CUET (PG)

Identify the INCORRECT option from the following:

For the utility function u(x, y) = xy and given budget constraint M = p_xx+p_yy. what is the optimum bundle of consumption of x and y?

In the central Govt. Budget, which one is treated as the capital receipt:

The fiscal deficit, revenue deficit and interest payments of a country are R53,344, R 34,355 and R 10,144 crores respectively. What is the primary deficit?

The budget presented in the Parliament on the 1^st of February 2023 for the financial year 2023-24 has the Revised Estimated (RE) and Actuals, of the financial years____ and _____ respectively.

Given below are two statements:
Statement I: A large share of the expenditure in the government budget during the colonial period is referred to as Home charges and had to be paid in sterling.
Statement II: On the depreciation of the Indian rupee, the expenditure of the colonial government in India used to decrease because of this reason.
In the light of the above statements, choose the correct answer from the options given below: