Question : Which of the following is NOT a key component of a government budget?
Option 1: Expenditures
Option 2: Revenues
Option 3: Deficits
Option 4: Interest rates
Answer (1)
18th Jan, 2024
Correct Answer: Interest rates
Solution : The correct answer is (d) Interest rates.
Interest rates can have an impact on the economy and government finances, they are not a direct component of a government budget. Interest rates are set by the central bank or monetary authorities to regulate borrowing costs, stimulate or control economic activity, and manage monetary policy.
Comments (0)
Related Questions
Trending Articles/News
TANCET 2025 Preparation Checklist: Do’s & Don’ts
2 minutes ago
TANCET MBA Preparation Tips 2025 - Practice Mock Test Here!
22 minutes ago
TANCET MBA 2025 Preparation Plan for Analytical Reasoning
35 minutes ago
