Resource Mobilization UPSC Questions

Resource Mobilization MCQ Questions

7.
Examine the following statements, and choose the option that suits the best.
Statement 1: The objectives of fiscal policy are being achieved by the annual financial statement popularly known as the budget which is tabled in the parliament.
Statement 2: Budget is not merely the details of expenditure and taxes but is also a policy tool to sub-serve objectives of a fiscal policy.
A.
Statement -1 is true, statement -2 is true;
statement -2 is NOT the correct explanation for statement -1.
B.
Statement -1 is true, statement -2 is true;
statement -2 is the correct explanation for statement -1.
C.
Statement -1 is true,
statement -2 is false.
D.
Statement -1 is false,
statement -2 is true.
ANSWER :
B. Statement -1 is true, statement -2 is true;
statement -2 is the correct explanation for statement -1.
8.
Consider the following statements :
1. As per law, the Compensatory Afforestation Fund Management and Planning Authority exists at both National and State levels.
2. People's participation is mandatory in the compensatory afforestation programmes carried out under the Compensatory Afforestation Fund Act, 2016.
Which of the statements given above is/are correct?
UPSC - 2019
A.
1 only
B.
2 only
C.
Both 1 and 2
D.
Neither 1 nor 2
ANSWER :
A. 1 only
9.
The budget is more than a _____ of government receipts and expenditures presented to the parliament.
A.
Asset
B.
Liability
C.
Balance Sheet
D.
Shareholder
ANSWER :
C. Balance Sheet
10.
_____ expenditure represents creation of assets in an economy and is thus desirable for growth.
A.
Revenue
B.
Deferred
C.
Capital
D.
Assest
ANSWER :
C. Capital
11.
With reference to the management of minor minerals in India, consider the following statements :
1. Sand is a 'minor mineral' according to the prevailing law in the country.
2. State Governments have the power to grant mining leases of minor minerals, but the powers regarding the formation of rules related to the grant of minor minerals lie with the Central Government.
3. State Governments have the power to frame rules to prevent illegal mining of minor minerals.
Which of the statements given above is/are correct?
UPSC - 2019
A.
1 and 3 only
B.
2 and 3 only
C.
3 only
D.
1, 2 and 3
ANSWER :
A. 1 and 3 only
12.
Which type of expenditure doesn't include in the five-year plan?
A.
Objective
B.
Target
C.
Non plan
D.
Plan
ANSWER :
D. Plan