Question 1 / 26 · latest firstNext ›
✓ Board-verified
Economics · 2026 · 1 mark
Government Budget and the EconomyBalanced, Surplus and Deficit Budget1 markUnderstandassertion reason
CBSE 2026 · Region 3 · Set 1 · Q1
Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below: Assertion (A): Borrowing requirements…
Read the following statements : Assertion (A) and Reason (R). Choose the correct option from those given below :Assertion (A) : Borrowing requirements of the government include interest obligations on debt as well.Reason (R) : The goal of measuring primary deficit is to correct the prevailing fiscal imbalances.
Official answer
(C)
Assertion (A) is true, but Reason (R) is false.
Marking-scheme solution
(C)
Assertion (A) is true, but Reason (R) is false.
All Government Budget and the Economy questions2026 question paperPractice Government Budget and the Economy →
More from Government Budget and the Economy
- On the basis of the given information, calculate the values of the following: (i) Fiscal Deficit (ii) Primary Deficit S.No. Items Amount (in ₹ crore)…2024
- “As per the Economic Survey of India 2022 – 23, due to the outbreak of geopolitical conflict, the result was higher international prices for…2025
- Read the following statements carefully: Statement 1: Public goods are those goods for which the payments are made by all the entities in the…2025
- “Consumption of a good by a person does not reduce the amount available for consumption by others. Consumers consuming such goods are known as…2026
- Read the following statements carefully: Statement 1: Foreign aids are the capital receipts for the government. Statement 2: Disinvestments may lead…2025
- (i) Study the following chart carefully and analyse the changing trends in the government expenditure on: (I) Agriculture and Allied Activities (II)…2024
- Identify, which of the following does not represent a public good. (Choose the correct option)2025
- Read the following text carefully: Government provides certain goods and services which cannot be provided by the market mechanism. Examples of such…2025
CBSE Class 12 Economics past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.