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  • Question
  • The federal government debt is equal to the


  • Options
  • A. sum of past budget deficits minus the sum of past budget surpluses
  • B. annual difference between federal government tax revenues and outlays
  • C. obligations of benefits from federal taxes and expenditures
  • D. sum of all annual federal government outlays

  • Correct Answer
  • sum of past budget deficits minus the sum of past budget surpluses 

    Explanation

    The federal government debt is equal to the sum of past budget deficits minus the sum of past budget surpluses.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    More questions

    • 1. What 'game' was first produced by the Southern Novelty Company in Baltimore, Maryland in 1892?

    • Options
    • A. Frisbee
    • B. Monopoly
    • C. Ouija board
    • D. Ping Pong
    • Discuss
    • 2. The moon orbits the earth at a mean distance approximately

    • Options
    • A. 0.384 million km
    • B. 149.6 million km
    • C. 579 million km
    • D. 227.9 million km
    • Discuss
    • 3. The monomer of polythene is

    • Options
    • A. vinyl chloride
    • B. ethylene
    • C. ethyl alcohol
    • D. None of the above
    • Discuss
    • 4. The most densely populated country of Africa is

    • Options
    • A. Mauritius
    • B. Rwanda
    • C. Burundi
    • D. Sierra Leone
    • Discuss
    • 5. RAM stands for...

    • Options
    • A. Random Access Memory
    • B. Really Annoying Machine
    • C. Read A Manual
    • D. Real Absolute Memory
    • Discuss
    • 6. The International Court of Justice is located at

    • Options
    • A. Geneva
    • B. Hague
    • C. Amsterdam
    • D. Vienna
    • Discuss
    • 7. Galvanised iron sheets have a coating of

    • Options
    • A. lead
    • B. chromium
    • C. zinc
    • D. tin
    • Discuss
    • 8. Mach number is used in connection with the speed of

    • Options
    • A. sound
    • B. aircraft
    • C. spacecraft
    • D. ships
    • Discuss
    • 9. The river Jordan drains into the

    • Options
    • A. Dead Sea
    • B. Adriatic Garden
    • C. Gulf of Suez
    • D. Resaca Garden
    • Discuss
    • 10. How many banks were nationalized in 1969?


    • Options
    • A. 16
    • B. 14
    • C. 15
    • D. 20
    • Discuss


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