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Home/PYQs/Economic & Social Development/Government Budgeting

Government Budgeting — UPSC Previous Year Questions

39 previous year questions • Economic & Social Development • 1995–2025

1 / 39
UPSC 2004

With reference to Indian public finance, consider the following statements: 1. Disbursements from Public Accounts of India are subject to the Vote of the Parliament 2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State 3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentary control as other appropriations and disbursements Which of the statements given above are correct?

Practice 39 UPSC previous year questions on Government Budgeting from Economic & Social Development. These questions span from 1995 to 2025, covering key concepts frequently tested in the UPSC Civil Services Preliminary Examination. Each question includes a detailed explanation to help you understand the underlying concept.

Year-wise Distribution

2025: 4 Qs2024: 1 Q2023: 1 Q2022: 1 Q2020: 1 Q2018: 2 Qs2016: 2 Qs2015: 2 Qs2014: 1 Q2013: 1 Q2012: 2 Qs2011: 6 Qs2010: 2 Qs2009: 1 Q2007: 1 Q2006: 1 Q2004: 2 Qs2003: 1 Q2002: 1 Q2001: 2 Qs1999: 1 Q1997: 1 Q1995: 2 Qs

Sample Questions

  1. With reference to Indian public finance, consider the following statements: 1. Disbursements from Public Accounts of India are subject to the Vote of the Parliament 2. The Indian Constitution provides for the establishment of a Consolidated Fund, a Public Account and a Contingency Fund for each State 3. Appropriations and disbursements under the Railway Budget are subject to the same form of parliamentary control as other appropriations and disbursements Which of the statements given above are correct?(UPSC 2004)
  2. Consider the following: 1. Demographic performance 2. Forest and ecology 3. Governance reforms 4. Stable government 5. Tax and fiscal efforts. For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?(UPSC 2023)
  3. Consider the following statements 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?(UPSC 2018)
  4. Along with the Budget, the Finance Minister also places other documents before the Parliament which include 'The Macro Economic Framework Statement'. The aforesaid document is presented because this is mandated by(UPSC 2020)
  5. With reference to the Indian Public Finance, consider the following statements: 1. External liabilities reported in the Union Budget are based on historical exchange rates 2. The continued high borrowing has kept the real interest rates high in the economy 3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has an adverse effect on private investment 4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government. Which of these statements are correct?(UPSC 2002)