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प्रश्न
Explain the meaning of Budget set
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उत्तर
A budget set refers to attainable bundles of a set of two goods, given the prices of goods
and the income of the consumer.
An equation of the budget set is P1X1 + P2X2 < M.
where
X1 = Quantity of Good-1
X2 = Quantity of Good-2
P1 = Price of Good-1
P2 = Price of Good-2
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संबंधित प्रश्न
Distinguish between Surplus budget and Deficit budget.
Give the equation of Budget Line.
Define the following concept:
Budget
State whether the following statement is True or False :
Budget is a monthly statement - False.
Fill in the blank with proper alternatives given in the bracket:
Budget is the _________________ of the revenue and expenditure of the coming year.
Give reason or explain the following statement:
A dieficit budget nay prove useful during the period of depression.
Fill in the blank using proper alternatives given in the bracket:
During depression .............. budget is preferable.
Write short Answer for the following question:
Explain the components of government budget ?
State whether the following statements are True or False with reasons:
The expenditure is more than income in balanced budget.
Write the answers in ‘one’ or ‘two’ paras each:
Explain the types of Government budget.
Fill in the blank with appropriate alternatives given below
During depression, __________ budget is preferable.
State with reason whether you agree or disagree with the following statement.
During the period of inflation, Surplus Budget is advisable.
Surplus budget is that budget where in ______.
Which of the following points relates to surplus budget?
Find the odd word out:
Types of budget:
Identify the right group of pairs from the given options.
| Column I | Column II |
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
Find the odd word out:
Types of budget:
