by DeepWebLabs
CUET-PG SERIES
Economics

Budget

9 previous year questions.

Volume: 9 Ques
Yield: Medium

High-Yield Trend

3
2025
6
2023

Chapter Questions
9 MCQs

01
PYQ 2023
medium
economics ID: cuet-pg-
Identify the INCORRECT option from the following:
1
Budget helps in allocating and prioritising income
2
Budget encourages conscious decision-making
3
Budget helps in building wealth
4
Budget does not help in determining wasteful expenditure
02
PYQ 2023
easy
economics ID: cuet-pg-
For the utility function u(x, y) = xy and given budget constraint M = pxx+pyy. what is the optimum bundle of consumption of x and y?
1
2
3
4
03
PYQ 2023
medium
economics ID: cuet-pg-
In the central Govt. Budget, which one is treated as the capital receipt:
1
Taxes on property and capitals
2
Taxes on commodity and services
3
Interest receipts and dividend
4
Net market borrowings
04
PYQ 2023
medium
economics ID: cuet-pg-
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?
1
R 43,200 crores
2
R 24,211 crores
3
R 44,499 crores
4
R 10,144 crores
05
PYQ 2023
medium
economics ID: cuet-pg-
The budget presented in the Parliament on the 1st of February 2023 for the financial year 2023-24 has the Revised Estimated (RE) and Actuals, of the financial years____ and _____ respectively.
1
2023-24 and 2022-23
2
2022-23 and 2021-22
3
2021-22 and 2022-23
4
2021-22 and 2023-24
06
PYQ 2023
medium
economics ID: cuet-pg-
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:
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true
07
PYQ 2025
medium
economics ID: cuet-pg-

As per Union Budget 2024-25, arrange the following sources of revenue in ascending order in terms of their contribution to the overall revenue of the central government for 2023-24:

(A) GST and other related taxes
(B) Income Tax
(C) Union Excise Duties
(D) Corporate Tax
Choose the correct answer from the options given below:

1
(A), (B), (C), (D)
2
(D), (A), (C), (B)
3
(C), (B), (A), (D)
4
(C), (D), (B), (A)
08
PYQ 2025
medium
economics ID: cuet-pg-

Arrange the following sectors in descending order as per the union government capital expenditure amount for FY2023-24:

(A) Defence Services
(B) Railways
(C) Road Transport and Highways
(D) Telecommunications
Choose the correct answer from the options given below:

1
(A), (D), (C), (B)
2
(B), (A), (C), (D)
3
(C), (A), (B), (D)
4
(C), (B), (A), (D)
09
PYQ 2025
medium
economics ID: cuet-pg-
Match List-I with List-II Choose the correct answer from the options given below:
1
(A) - (II), (B) - (I), (C) - (III), (D) - (IV)
2
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
3
(A) - (III), (B) - (II), (C) - (IV), (D) - (I)
4
(A) - (II), (B) - (III), (C) - (I), (D) - (IV)

About Budget - CUET-PG

Budget is a vital chapter for CUET-PG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.

By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.

Frequently Asked Questions

Why focus on Budget PYQs?

Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.

How to best use this analysis?

Review the topic breakdown to see which sub-topics within Budget carry the most weight. Then, tackle the questions iteratively to solidify your understanding.