Multiple Choice Questions on In 2008 the Cropearning collection was Rs 30 million Find the gov borrowings in million ........ for IBPS (PO/SO) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Government  Revenue and its capital expenditure(in million) in 2008 – 2012

    Percentage of breakup of the gov revenues in 2008 and 2009

    Year 2008

    Year 2009

    Gov Expenditure = Borrowing + Gov Revenues


    In 2008, the Cropearning collection was Rs.30 million. Find the gov borrowings(in million) ?

    70 million

    Correct Answer

    52 million

    Incorrect Answer

    68 million

    Incorrect Answer

    45 million

    Incorrect Answer
    Explanation:

    Explanation :
    25% =30 million
    Revenue = 30*100/25 = 120 million
    Total expenditure = 105+85 = 190 million
    Borrowings = 190 – 120 = 70 million


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