SSC GD 2023 PYQ — Question 38

SSC GD Constable (English) - 31 Jan 2023 - Shift 4 • General Awareness • Q38

A situation in which the government may spend an amount equal to the revenue it collects is :
 

Show answer & explanation

Correct answer: D

Explanation

The Correct answer is option 2 i.e. balanced budget

  • A balanced budget is a situation in which the government's expenditures are equal to its revenues over a specific period, typically a fiscal year. 
  • A balanced budget implies that there is no deficit or surplus in the government's finances.