SSC GD 2025 PYQ — Question 24

The correct answer is option 2 i.e. government revenue equates government expenditure.

A balanced budget refers to a situation where government revenue equates government expenditure. This means the government is not running a deficit (spending more than it earns) or a surplus (earning more than it spends). A balanced budget demonstrates fiscal discipline, as it ensures the government is living within its means and not accumulating debt.