(Sample of Questions)

Question one: Choose the right answer

1) If total revenues are more than total expenses, and net acquisition of financial assets equals
(100) billion and debt repayments equal 100 billion and privatization proceeds equals zero
that means …...
a. total borrowing equals zero
b. net borrowing equals zero
c. overall surplus is more than cash surplus
d. all of the above

2) If total revenues are less than total expenses, and acquisition of financial assets are more than
proceeds from financial assets and debt repayments equal zero and privatization proceeds
equals zero that means …...
a. cash deficit is less than overall deficit
b. net borrowing equals zero
c. cash deficit is more than overall deficit
d. none of the above

3) If total revenues equal 200 Egyptian pound, total expenses equals 150 Egyptian pound,
acquisition of domestic and foreign financial assets equals 20 Egyptian pound and receipts
from sales of financial assets equals 10 Egyptian pound, privatization proceed equals zero
Egyptian pound, debt repayment equals 30 Egyptian pound that means total borrowing
equals….
A. 40 Egyptian pound
B. 50 Egyptian pound
C. 25 Egyptian pound
D. zero
4) If interest payments equals 10 billion, and capital investment equals 5 billion, and
capital revenues to finance investment equals 10 billion that means …..
a. Primary deficit is more than current (operation) deficit.
b. Primary deficit is less than cash deficit.
c. Current (operation) deficit is less than cash deficit.
d. All of the above

5) If total revenues equal 250 billion US$ and total expenses equals 200 billion US$, and
interest payments equals 50 billion US$ and acquisition of financial assets equals 50
US$ that means there is (are) ……
a. primary surplus and overall deficit
b. cash surplus
c. primary deficit equals zero
d. primary deficit and cash surplus
e. primary surplus and cash deficit
f. (b and c)

6) If total revenues equal 250 billion US$ and total expenses equals 200 billion US$, and
interest payments equals 50 billion US$ and acquisition of financial assets equals 50 US$
that means there are ……

1
 a. primary surplus and overall deficit
b. primary surplus and cash surplus
c. primary deficit and cash surplus
d. primary surplus and cash deficit
7) If total revenues equal total expenses, and capital investment more than capital revenues, and
interest payment equals 25 billion and net acquisition of financial assets equals (50) billion
and debt repayments equal 50 billion and privatization proceeds equals zero that means total
borrowing equals …… billion.
a. 100
b. 50
c. 150
d. zero

Question two: Choose the right answer

1) Net borrowing equals operation deficit if and only if privatization proceeds equals zero.
2) Overall deficit equals total borrowing if and only if debt repayments equals zero.
3) If total expenses equal 200 and total revenues equal 100 billion and primary deficit equals 25
billion that means interest payments equals 25 Billion.
4) Cash deficit equals overall deficit if and only if net acquisition of nonfinancial assets equals
zero.
5) Overall deficit is less than net borrowing, if and only if, privatization proceeds equals
positive value.
6) If interest payment equals zero, and capital investment equals 10 billion, and capital revenues
to finance investment equals 5 billion that means primary deficit is less than current
(operation) deficit.
7) If total expenses equal 200 and total revenues equal 100 billion and primary deficit equals 25
billion that means interest payments equals 25 Billion.