UPSC CSE · Indian Economy
UPSC Prelims Public Finance Questions (Indian Economy): PYQs with Answers
24 UPSC Prelims questions on Public Finance (Indian Economy) from 2011–2026, newest first. 2025 had the most (4). Difficulty: 21% easy, 58% medium and 21% hard.
- Crowding Out EffectWhich one of the following best describes the 'Crowding Out Effect' in the context of fiscal policy?
- Capital ReceiptsConsider the following statements:
- Revenue Deficit CalculationSuppose the revenue expenditure of the Government is Rs.80,000 crores and the revenue receipts of the Government are Rs.60,000 crores. The Government budget also shows…
- Gross Primary DeficitA country's fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capital receipts. The country's interest liabilities…
- Fifteenth Finance CommissionWhich of the following statements with regard to recommendations of the 15th Finance Commission of India are correct?
- Finance Commission Devolution CriteriaConsider the following:
- Capital vs Revenue ExpenditureWith reference to the expenditure made by an organisation or a company, which of the following statements is/are correct?
- Household Financial SavingsWith reference to the Indian economy, consider the following statements:
- Budget Documents FRBMAlong with the Budget, the Finance Minister also places other documents before the Parliament which include "The Macro Economic Framework Statement". The aforesaid…
- Non Financial DebtIn the context of the Indian economy, non-financial debt includes which of the following?
- Payment Data LocalisationConsider the following statements:
- FRBM Review Committee Debt GDP TargetsConsider the following statements:
- Tax Revenue Fiscal Deficit TrendsConsider the following statements:
- National Pension SystemWho among the following can join the National Pension System (NPS)?
- Benami Transactions ActWith reference to the Prohibition of Benami Property Transactions Act, 1988 (PBPT Act), consider the following statements:
- Deficit Reduction MeasuresThere has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit?
- Capital Budget ItemsWhich of the following is/are included in the capital budget of the Government of India?
- Fourteenth Finance CommissionWith reference to the Fourteenth Finance Commission, which of the following statements is/are correct?
- Union Budget Consolidated FundWith reference to the Union Government, consider the following statements:
- Deficit Reduction MeasuresThere has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?
- Non Plan ExpenditureWith reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure?
- Deficit Financing InflationWhich one of the following is likely to be the most inflationary in its effect?
- Deficit Financing UsesIn India, deficit financing is used for raising resources for:
- Cpse Disinvestment RationaleWhy is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?