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प्रश्न
Give the equation of Budget Line.
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उत्तर
The equation of the budget line:
P1X1 + P2X2 = M
Where,
P1 - per unit price of Good 1
P2 - per unit price of Good 2
X1 - quantity of Good 1
X2 - quantity of Good 2
M - income of the consumer
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संबंधित प्रश्न
During the period of inflation surplus budget is advisable.
State whether the following statement is True or False :
Budget is a monthly statement - False.
Fill in the blank using proper alternatives given in the bracket:
During depression .............. budget is preferable.
Write short notes (Any Two)
Revenue Receipts
Give reasons or explain the following statement:
For the period of inflation surplus budget is prepared.
Write the answers in ‘one’ or ‘two’ paras each:
Explain the types of Government budget.
Distinguish between:
Deficit budget and balanced budget
Define "Trade surplus" and "Trade Deficit".
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 |
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 |
In a Balanced Budget, which of the following conditions holds?
A Surplus Budget is one in which:
A Balanced Budget is typically used in which situation?
A Surplus Budget is used during inflation primarily to:
During depression/recession, which type of budget is used to boost aggregate demand?
The classification of budgets into Development Budget and Non-Development Budget is based on:
A Balanced Budget is considered less effective during which of the following situations?
