हिंदी

Explain the Meaning of Budget Set

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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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2016-2017 (March) All India Set 1

संबंधित प्रश्न

Distinguish between Surplus budget and Deficit budget.


Define the following concept:

Budget


Fill in the blank with proper alternatives given in the bracket:

Budget is the _________________ of the revenue and expenditure of the coming year. 


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 ?


Write short notes (Any Two)

Revenue Receipts


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.


Distinguish between:

Deficit budget and balanced budget 


Surplus budget is that budget where in ______.


Complete the correlation:

Inflation: Surplus budget : : ______ : Deficit budget


Find the odd word out:

Types of budget:


identify the right group of pairs from the given options.

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

A Surplus Budget is one in which:


The Plan Budget vs. Non-Plan Budget classification is based on:


The classification of budgets into Development Budget and Non-Development Budget is based on:


From which Union Budget was the Plan/Non-Plan classification discontinued?


Why is a Surplus Budget NOT suitable during a recession?


Which of the following correctly matches the budget type with its use?


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