Public Finance MCQ Quiz - Objective Question with Answer for Public Finance - Download Free PDF

The correct answer is Option 2 (A, B, and C).

Key Points

• The revenue department primarily focuses on land records, taxation, and revenue collection.
• Public Distribution System (PDS) is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs, Food, and Public Distribution, not the revenue department.
• e-services, while related to various government initiatives, are broader and not a specific function of the revenue department.
• Maintenance of law and order is a responsibility of the police and law enforcement agencies under the Ministry of Home Affairs, not the revenue department.
• The revenue department focuses on land revenue, registration of property, and other revenue-related administrative tasks.

Additional Information

• Revenue Department Functions
  • It is responsible for maintaining land records, conducting land surveys, and managing land revenue.
  • The department also oversees property registration and implements revenue collection systems.
  • It is involved in disaster management and the distribution of relief funds in cases of natural calamities.
• Public Distribution System (PDS)
  • PDS ensures the distribution of essential commodities like rice, wheat, and kerosene to vulnerable sections of society at subsidized rates.
  • It is implemented through a network of Fair Price Shops (FPS) across the country.
  • The system is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs.
• e-services in Governance
  • e-services refer to the digital delivery of government services, including tax payments, land records access, and other administrative functions.
  • They aim to increase transparency, efficiency, and accessibility.
  • These services often fall under the purview of e-Governance initiatives rather than specific departments.
• Law and Order
  • The maintenance of law and order is primarily the responsibility of the police forces under state governments.
  • At the central level, it is coordinated by the Ministry of Home Affairs.
  • It includes crime prevention, investigation, and maintaining public peace.

The correct answer is Finance.

In News

• In the Union Budget 2024-25, the 'EMPLOYMENT' theme focuses on various components to boost job creation and economic growth.
• Finance is NOT listed as a component under the 'EMPLOYMENT' theme.

Key Points

• The 'EMPLOYMENT' theme includes:
• Land: Focuses on land reforms and policies to facilitate industrial and infrastructure development.
• Productivity: Aims to enhance productivity across various sectors through skill development, technology adoption, and innovation.
• New Generation Reforms: Introduces new policies and reforms to create a conducive environment for job creation and economic growth.
• Opportunities: Seeks to create new employment opportunities through various government initiatives and programs.

Additional Information

• Importance of the 'EMPLOYMENT' Theme:
  • Job Creation: Aims to generate employment opportunities across various sectors, reducing unemployment and underemployment.
  • Economic Growth: Supports economic growth by enhancing productivity and creating a favorable environment for businesses.
  • Skill Development: Focuses on improving the skill sets of the workforce to meet the demands of the evolving job market.
  • Inclusive Development: Ensures that employment opportunities are accessible to all sections of society, promoting inclusive growth.

The correct answer is Option 2 (A, B, and C).

Key Points

• The revenue department primarily focuses on land records, taxation, and revenue collection.
• Public Distribution System (PDS) is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs, Food, and Public Distribution, not the revenue department.
• e-services, while related to various government initiatives, are broader and not a specific function of the revenue department.
• Maintenance of law and order is a responsibility of the police and law enforcement agencies under the Ministry of Home Affairs, not the revenue department.
• The revenue department focuses on land revenue, registration of property, and other revenue-related administrative tasks.

Additional Information

• Revenue Department Functions
  • It is responsible for maintaining land records, conducting land surveys, and managing land revenue.
  • The department also oversees property registration and implements revenue collection systems.
  • It is involved in disaster management and the distribution of relief funds in cases of natural calamities.
• Public Distribution System (PDS)
  • PDS ensures the distribution of essential commodities like rice, wheat, and kerosene to vulnerable sections of society at subsidized rates.
  • It is implemented through a network of Fair Price Shops (FPS) across the country.
  • The system is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs.
• e-services in Governance
  • e-services refer to the digital delivery of government services, including tax payments, land records access, and other administrative functions.
  • They aim to increase transparency, efficiency, and accessibility.
  • These services often fall under the purview of e-Governance initiatives rather than specific departments.
• Law and Order
  • The maintenance of law and order is primarily the responsibility of the police forces under state governments.
  • At the central level, it is coordinated by the Ministry of Home Affairs.
  • It includes crime prevention, investigation, and maintaining public peace.

The correct answer is Option 2 (A, B, and C).

Key Points

• The revenue department primarily focuses on land records, taxation, and revenue collection.
• Public Distribution System (PDS) is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs, Food, and Public Distribution, not the revenue department.
• e-services, while related to various government initiatives, are broader and not a specific function of the revenue department.
• Maintenance of law and order is a responsibility of the police and law enforcement agencies under the Ministry of Home Affairs, not the revenue department.
• The revenue department focuses on land revenue, registration of property, and other revenue-related administrative tasks.

Additional Information

• Revenue Department Functions
  • It is responsible for maintaining land records, conducting land surveys, and managing land revenue.
  • The department also oversees property registration and implements revenue collection systems.
  • It is involved in disaster management and the distribution of relief funds in cases of natural calamities.
• Public Distribution System (PDS)
  • PDS ensures the distribution of essential commodities like rice, wheat, and kerosene to vulnerable sections of society at subsidized rates.
  • It is implemented through a network of Fair Price Shops (FPS) across the country.
  • The system is managed by the Department of Food and Public Distribution under the Ministry of Consumer Affairs.
• e-services in Governance
  • e-services refer to the digital delivery of government services, including tax payments, land records access, and other administrative functions.
  • They aim to increase transparency, efficiency, and accessibility.
  • These services often fall under the purview of e-Governance initiatives rather than specific departments.
• Law and Order
  • The maintenance of law and order is primarily the responsibility of the police forces under state governments.
  • At the central level, it is coordinated by the Ministry of Home Affairs.
  • It includes crime prevention, investigation, and maintaining public peace.

The correct answer is Finance.

In News

• In the Union Budget 2024-25, the 'EMPLOYMENT' theme focuses on various components to boost job creation and economic growth.
• Finance is NOT listed as a component under the 'EMPLOYMENT' theme.

Key Points

• The 'EMPLOYMENT' theme includes:
• Land: Focuses on land reforms and policies to facilitate industrial and infrastructure development.
• Productivity: Aims to enhance productivity across various sectors through skill development, technology adoption, and innovation.
• New Generation Reforms: Introduces new policies and reforms to create a conducive environment for job creation and economic growth.
• Opportunities: Seeks to create new employment opportunities through various government initiatives and programs.

Additional Information

• Importance of the 'EMPLOYMENT' Theme:
  • Job Creation: Aims to generate employment opportunities across various sectors, reducing unemployment and underemployment.
  • Economic Growth: Supports economic growth by enhancing productivity and creating a favorable environment for businesses.
  • Skill Development: Focuses on improving the skill sets of the workforce to meet the demands of the evolving job market.
  • Inclusive Development: Ensures that employment opportunities are accessible to all sections of society, promoting inclusive growth.