I) _____ is the current commitment of money or other resources in the expectation of reaping future benefits.

a. Consumption b. Investment c. Production d. None of these

II) Maximization of return and Minimization of risk are the two main objectives of _____.

a. Investment b. Economics c. Marketing d. Consumer theory

III) The government act as a borrower, if the tax revenue is _____ than government expenditure.

a. Greater b. Lesser c. Balanced d. Imbalanced

IV) Issuance of Treasury bills, notes, and bonds is the major way that the government borrows funds from the _____.

a. IMF b. World Bank c. Commercial Banks d. Public

V) The government will be in _____ if the tax revenue is greater than government expenditure.

a. Budget deficit b. Budget surplus c. Balanced d. Borrowing