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प्रश्न
The government has started spending more on providing free services like education and health to the poor. Explain the economic value it reflects.
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उत्तर
When there is an increase in government expenditure in providing free services such as education and health to the poor, it improves the welfare of the nation. This has an effect on the economic value of the nation. The government can reallocate resources so that social and economic objectives can be met in the following ways:
- The government ensures productive expenditure to maximise the welfare of the nation with the minimum level of profit.
- The government regularises the activities of the private sector to provide social benefit to the poor.
Hence, it helps to bridge the gap between the rich and poor sections of society
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संबंधित प्रश्न
Distinguish between revenue expenditure and capital expenditure in Government budget. Give an example of each.
What is capital expenditure?
Which one of these is a revenue expenditure?
Calculate investment expenditure from the following date about an economy which is in equilibrium :
National Income = 1000
Marginal propensity to save = 0.20
Autonomous consumption expenditure = 100
Giving reason, state whether the following is a revenue expenditure or a capital expenditure in a government budget:
Expenditure on scholarships
What is the difference between revenue expenditure and capital expenditure? Explain how taxes and government expenditure can be used to influence.
Distinguish between capital expenditure and revenue expenditure.
Capital expenditure is that estimated expenditure of the government which?
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
What is the revenue deficit?
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following shows fiscal deficit?
Level of planned output coincides with planned expenditure when ______
Calculate Investment expenditure from the following data about an economy that is in equilibrium.
National Income = Rs 1,000
Marginal Propensity to Save = 0.20
Autonomous consumption expenditure = Rs 100
Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure (1) is Rs 50 crores, MPS is 0.2 and the level of income (Y) is Rs 4000 crores.
Which one of the following is not a capital expenditure?
‘Under the Ayushmaan Bharat Scheme, the Government provides free medicines to the economically backward section of the society’.
Identify and discuss the nature of the government expenditure indicated in the given statement.
