Grade 8 EMS Worksheet
The National budget
What is the national budget?
Choose the correct answer from the options given.
a) The government earns its income from __________ paid by individuals and businesses.
(i)
levies
(ii) taxes
(iii) investments
(iv) expenses
b) The __________ has to draw up a national budget.
(i)
Receiver of
Revenue
(ii) State President
(iii) Minister of
Finance
(iv) Minister of
Home Affairs
c) A certain amount of the budget is allocated to each __________.
(i)
Government
department
(ii) Government
official
(iii) Government
minister
(iv) Government
expense
d) The budget is based on __________ income and spending.
(i)
required
(ii) general
(iii) expected
(iv) earned
e) In __________ of each year, the Minister of Finance presents his or her budget for the
coming financial year to Parliament.
(i)
January
(ii) June
(iii) July
(iv) February
f) Parliament has to __________ the budget before it can be implemented.
(i)
debate
(ii) approve
(iii) peruse
(iv) a, b and c
g) The government’s financial year runs from 1 __________ of one year to 31 __________ of
the following year.
(i)
July; June
(ii) March; February
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(iii) April; March
(iv) January;
December
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Grade 8 EMS Worksheet
h) The budget appears before Parliament in the form of a __________.
(i)
bill
(ii) act
(iii) policy
(iv) strategy
i) The budget is compiled after receiving inputs from __________.
(i)
officials,
business people
and
entrepreneurs
(ii) ministers,
departments
and the
Governor of the
Reserve Bank
(iii) the State
President and
his deputy
(iv) the general
public
j) The government spends its budget on __________.
(i)
new cars,
homes and
furniture for
the State
President
(ii) food and
blankets for
homeless
people
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(iii) military
vehicles and
weapons
(iv) programmes and
projects that are
needed to serve
the public
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Grade 8 EMS Worksheet
Suggested Solutions
Question
number
1
Possible
marks
10
Solution
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
(ii)
(iii)
(i)
(iii)
(iv)
(iv)
(iii)
(ii)
(ii)
(iv)
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