SSC CGL Tier-2 28th January 2022 Assistant Audit Officer

1980

1956

1966

1961

Budgetary deficit is the excess of total expenditure over total receipts.

Deficit financing is the practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.

Fiscal deficit, shows the borrowing requirements of the government during the budget year .

Primray deficit is defined as fiscal deficit of the current year plus interest payments on previous borrowings.

In the demand function, the independent variable is the income of the consumer.

In the demand function, the dependent variable is the quantity demanded.

The demand curve, in general, is downward sloping.

The demand curve depicts the quantity demanded by the consumer at different prices.

5 July 2003 ; 26 August 2003

26 August 2003 ; 26 August 2004

6 August 2003 ; 5 July 2004

5 July 2003 ; 5 July 2004

Vorking Group ( 1962)

Dadabhai Naoroji in his book 'Poverty and Un-British Rule in India'

National Planning Committee (1938)

The Bombay Plan (1944)

Both (i) and (ii)

Only (ii)

Neither (i) nor (ii)

Only (i)

mixed economy

closed economy

private economy

capitalist economy

inelastic; horizontal

elastic; vertical

inelastic; vertical

elastic; horizontal

increase interest rates

increase taxes

increase reserve expenditure

increase expenditure

10%

50%

100%

25%