LithuaniaFinansai ir valstybės biudžetas 5 · Finance and the state budget
Who makes decisions on state loans?
In the exam (Lithuanian)
Kas priima sprendimus dėl valstybinės paskolos?
- aThe Ministry of Finance, by its own decisionFinansų ministerija savo sprendimu
- bThe Board of the Bank of LithuaniaLietuvos banko valdyba
- cThe Seimas, on the proposal of the GovernmentSeimas Vyriausybės siūlymuCorrect answer
Why?
Decisions on state loans and other major property obligations of the state are made by the Seimas. It does so on the proposal of the Government. (Article 128 of the Constitution)
Translated with AI. In the exam the question is in Lithuanian, as shown above.
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Take a free mock examFinansai 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.
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
Finansai ir valstybės biudžetas 8
How does the Seimas approve the state budget?Correct answer:By a law, before the start of the new budget year
Kaip Seimas tvirtina valstybės biudžetą? — Įstatymu, iki naujųjų biudžetinių metų pradžios
Finansai ir valstybės biudžetas 9
While considering the draft budget, the Seimas wants to increase spending. What must it do?Correct answer:State the sources of funding for this spending
Svarstydamas biudžeto projektą, Seimas nori padidinti išlaidas. Ką jis privalo padaryti? — Nurodyti šių išlaidų finansavimo šaltinius
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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