By / Public Finance – MCQs 📘 Chapter 3: Public Finance – MCQs Q1. What is the projected revenue receipt for Himachal Pradesh in FY2024–25 (Budget Estimates)? A. ₹40,446 crore B. ₹42,153 crore C. ₹45,000 crore D. ₹39,210 crore Q2. The growth rate of revenue receipts from FY2023–24 (RE) to FY2024–25 (BE) is: A. 5.1% B. 6.5% C. 4.22% D. 8.0% Q3. In FY2024–25, the total revenue receipts form what percentage of GSDP? A. 20.5% B. 17.9% C. 18.15% D. 19.87% Q4. The total revenue receipts as a percentage of GSDP in FY2022–23(A) was: A. 18.15% B. 19.87% C. 20.11% D. 17.21% Q5. What is the expected tax revenue (including central taxes) in FY2024–25 (BE)? A. ₹23,000 crore B. ₹24,500 crore C. ₹25,225 crore D. ₹22,850 crore Q6. The increase in tax revenue from FY2023–24 (RE) to FY2024–25 (BE) is: A. 12.2% B. 13.5% C. 14.99% D. 10.4% Q7. What is the total expenditure projected for FY2024–25 (BE)? A. ₹55,789 crore B. ₹60,112 crore C. ₹58,444 crore D. ₹57,000 crore Q8. Which sector gets the highest budget allocation in FY2024–25? A. Health B. Infrastructure C. Education D. Social Welfare Q9. What is the allocation for the Health sector in FY2024–25? A. ₹3,780 crore B. ₹3,390 crore C. ₹3,500 crore D. ₹4,200 crore Q10. What percentage of total receipts comes from grants from the Centre in FY2024–25 (BE)? A. 22.6% B. 24.1% C. 26.3% D. 20.5% Q11. What is the decline in Central grants compared to FY2022–23(A)? A. 2.1 percentage points B. 3.5 percentage points C. 1.7 percentage points D. 5.0 percentage points Q12. Which non-tax revenue component is the largest contributor in FY2024–25? A. Forest Royalties B. Mining Fees C. Electricity, Gas & Water Supply (Economic Services) D. Transport Services Q13. Which of the following is true about gender budgeting in HP in FY2024–25? A. It was removed from the budget. B. It was increased by 25%. C. It remains part of the expenditure profile. D. It’s a separate fund. Q14. Which department is responsible for fiscal policy and budgeting in Himachal Pradesh? A. Department of Economics and Statistics B. Department of Planning C. Finance Department D. Revenue Department
