LithuaniaFinansai ir valstybės biudžetas 3 · Finance and the state budget

What does Lithuania's budget system consist of?

In the exam (Lithuanian)

Iš ko susideda Lietuvos biudžetinė sistema?

  1. aThe state budget and the budget of the Bank of Lithuania, approved by the SeimasIš valstybės biudžeto ir Lietuvos banko biudžeto, kurį tvirtina Seimas
  2. bAn independent state budget and independent municipal budgetsIš savarankiško valstybės biudžeto ir savarankiškų savivaldybių biudžetųCorrect answer
  3. cOne common state budget that also contains the municipalities' fundsIš vieno bendro valstybės biudžeto, kuriame yra ir savivaldybių lėšos

Why?

The budget system consists of the independent state budget and the independent budgets of the municipalities. Municipal budgets are not part of the state budget. (Article 127 of the Constitution)

Translated with AI. In the exam the question is in Lithuanian, as shown above.

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  1. Finansai ir valstybės biudžetas 4

    By what kind of legal act are taxes set in Lithuania?

    Correct answer:By a law

    Kokiu teisės aktu Lietuvoje nustatomi mokesčiai? — Įstatymu

  2. Finansai ir valstybės biudžetas 5

    Who makes decisions on state loans?

    Correct answer:The Seimas, on the proposal of the Government

    Kas priima sprendimus dėl valstybinės paskolos? — Seimas Vyriausybės siūlymu

  3. Finansai ir valstybės biudžetas 6

    When does the budget year begin and end in Lithuania?

    Correct answer:It begins on 1 January and ends on 31 December

    Kada Lietuvoje prasideda ir baigiasi biudžetiniai metai? — Prasideda sausio 1 d., baigiasi gruodžio 31 d.

  4. Finansai ir valstybės biudžetas 7

    The Government has drafted the state budget. By when must it submit the draft to the Seimas?

    Correct answer:At least 75 days before the end of the budget year

    Vyriausybė parengė valstybės biudžeto projektą. Iki kada ji turi pateikti jį Seimui? — Ne vėliau kaip prieš 75 dienas iki biudžetinių metų pabaigos

Source

Our own practice questions, written from the current text of the Constitution of the Republic of Lithuania and the NŠA exam programme. They are not the real exam questions, which NŠA does not publish. Each question was written, answered blind and fact-checked in separate rounds. The English translation and the explanations are ours, made with AI help; expect to read the questions in Lithuanian in the exam itself. We are not affiliated with the National Agency for Education (NŠA) or the Migration Department.

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