Government Budget

Government Budget

One of the two components of government budget are

Revenue budget government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

One of the objectives of the government budget is

Redistribution of income and wealth government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

The government budget shows the government’s

Estimated receipts and expenditure government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

The government budget is an

Annual statement government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

If borrowings and other liabilities are reduced to the budget deficit, we get

fiscal deficit government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Budget deficit is equal to total expenditure minus total receipts.

True government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Primary deficit in a government budget will b e zero, when _______

fiscal deficit is egual to interest government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Surplus budget is when actual receipts exceeds estimated expenditures.

False government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Central Budget is presented in India on ______every year by the Finance Minister.

1 st February government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

As per the Budget 2021-22, under National Infrastructure Pipeline, which sector has the maximum number of projects?

Energy government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Fiscal policy creates a surplus, when the total _______.

receipts more than expenditure government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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Government Budget

Which policy creates a surplus or a deficit budget rather than a balance budget for the Government of India?

Fiscal Policy government budget correct; revenue budget component of government budget.

Ref: NCERT Economics Class XII Chapter 5 Government Budget explains budget components revenue capital budget surplus deficit fiscal policy clearly.

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