18 Questions
What is the highest level of authority in Malaysia?
Federal government
What is the role of government spending policies in influencing economic growth?
To influence economic growth through setting up budget targets and adjusting taxation
What is the system of government in Malaysia similar to?
The Westminster parliamentary system
What are the three tiers of government in Malaysia?
Federal, state, and local
What is the head of the federal government of Malaysia?
Prime Minister
What is the term for economic costs of government regulations?
Regulatory budget
What is a unique requirement for the Chief Minister of a state in Malaysia?
Must be of Malay ethnicity
What is the main source of revenue for local governments in Malaysia?
Fees from licenses and permits
What is the role of the State Government in relation to local governments?
Appoints local government officials
What is a responsibility of the local government in Malaysia?
Developing areas under their jurisdiction
How many states are there in Malaysia?
13
What is a characteristic of the legislative body in each state in Malaysia?
Unicameral
What is the primary purpose of a government budget document?
To provide a framework for policy formulation and implementation
Which of the following is an example of an economic service?
Expenditure on agriculture
What is the term for the amount of money spent by the government on goods and services?
Purchases of goods and services
Which of the following is a type of government expenditure?
Interest payments
What is the term for the process of allocating funds to different government programs and services?
Budgeting
What is the purpose of a unified budget?
To provide a comprehensive financial plan
Test your knowledge on government budgeting, financial administration, and related institutions. This quiz covers key concepts, agencies, and international organizations involved in managing a country's finances.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free