The government budget of a hypothetical economy presents the following information, which of the following value represents Budgetary Deficit. (all fig. in crores)

A. Revenue Expenditure = 25,000

B. Capital Receipts = 30,000

C. Capital Expenditure = 35,000

D. Revenue Receipts = 20,000

E. Interest Payments = 10,000

F. Borrowings = 20,000

i) 12,000

ii) 10,000

iii) 20,000

iv) None of the above.

Which of the following agency is responsible for issuing Rs 1 currency note in India?

i) Reserve Bank of India

ii) Ministry of Commerce

iii) Ministry of finance

iv) Niti Aayog

The flow of Goods and services and factors of production across different sectors in a barter economy is known as:

i) Circular flow

ii) Real flow

iii) Monetary Flow

iv) Capital Flow

Which of the following statement is true?

i) Loans from IMF is a Revenue Receipt.

ii) Higher revenue deficit necessarily leads to a higher fiscal deficit.

iii) Borrowing by a government represents a situation of fiscal deficit.

iv) Revenue deficit is the excess of capital receipts over the revenue receipts.

Devaluation and Depreciation of currency are one and the same thing’. Do you agree? How do they affect the exports of a country?