UPSC Prelims Marathon 24th January – Public Finance in India – 2025

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We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs daily. Daily Quiz UPSC Prelims Marathon 24th January Public Finance in India

For schedule, refer to the archive link given below. Best UPSC institute In Delhi,

For the Prelims Marathon archive – click here,

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Correct Answer : 2

Wrong Answer : -0.66

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Question No. 1

Which of the following article of Indian Constitution has the provisions related to “Annual Financial Statement”?

AArticle 57

BArticle 98

CArticle 110

DArticle 112

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Question No. 2

Which of the following sets of data is present in the union budget?
1.Actual data of the preceding year
2.Provisional data of the current year
3.Budgetary estimates for the following year
Select the correct answer from below given codes:

AOnly one

BOnly two

COnly three

DNone

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Question No. 3

Which of the following is/are interim data?
1.Quick estimate
2.Future estimate
3.Advance estimate
Select the correct answer from below given codes:

AOnly one

BOnly two

COnly three

DNone

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Question No. 4

Which of the following is/are non – tax revenue receipts?
1.Profits and dividends which the government gets from its public sector undertakings (PSUs).
2.Interests received by the government out of all loans forwarded by it.
3.Grants which receive from private sector.
Select the correct answer from below given codes:

AOnly one

BOnly two

COnly three

DNone

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Question No. 5

Which of the following is NOT part of revenue expenditure?

AConstruction of highways

BInterest payments

CPostal deficits of government

DDefense expenditures

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Question No. 6

Which of the following is/are comes under capital receipts?
1.Postal deposits
2.Small saving schemes
3.Government bonds sold to the public
Select the correct answer from below given codes:

AOnly one

BOnly two

COnly three

DNone

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Question No. 7

Which of the following is/are comes under capital expenditures?
1.Loan Disbursals by the Government
2.Plan expenditure by the Government
3.Capital Expenditures on Defense by the Government
Select the correct answer from below given codes:

AOnly one

BOnly two

COnly three

DNone

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Question No. 8

The fiscal deficit excluding the interest liabilities for a year is?

ARevenue deficit

BEffective revenue deficit

CCapital deficit

DPrimary deficit

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Question No. 9

Consider the following statements regarding government securities (G – Sec):
1.They are non-tradable instruments issued by the Central Government or the State Governments.
2.They are called risk-free gilt-edged instruments.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 10

Consider the following statements regarding “Goods and Service Tax”:
1.It is a single domestic direct tax law for the entire country.
2.It is a single-stage, destination-based tax that is levied on every value addition.
Which of the statements given above is/are incorrect?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Total Number of Questions :

Total Not Attempted Questions :

Total Correct :

Total Wrong :

For schedule, refer to the archive link given below. Best UPSC institute In Delhi,

For the Prelims Marathon archive – click here,