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प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
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उत्तर
The government expenditure on producing public goods increases the welfare of the nation. Through the budgetary policy, the government can reallocate resources so that social and economic objectives can be met in the following ways:
i. The government ensures productive expenditure to maximise the welfare of the nation with minimum level of profit.
ii. The government regularises the activities of the private sector to provide social benefit to the poor.
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संबंधित प्रश्न
In India budget is presented in the Parliament by the ............................................
(Prime Minister / Finance Minister / Chief Minister / Defence Minister)
Explain any one objective of Government Budget.
Explain the role of government budget in bringing stability in the economy.
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
Explain the concept of ‘fiscal deficit’ in a government budget. What does it indicate?
Explain the ‘redistribution of income’ objective of Government budget.
Define of the following concept.
Balanced budget
State whether the following statements are TRUE or FALSE with reason.
Government budget is a family budget.
Choose the correct answer :
The Government budget is for _________.
The Government can achieve its budget objective of ‘Redistribution of Income’ by ____________.
Two friends Komal and Ritika were discussing the Government budget.
"Through its budgetary policy the government of a country directs the allocation of resources in a manner such that there is a balance between the goals of profit maximisation and social welfare".
The above-mentioned statement was given by Komal, identify the objective of Government budget was she talking about?
The focus of government budget is to:
Identify the objective of the budget.
In order to tackle the problem of rising general price in an economy, government may come up with a surplus budget to achieve the budget objective of ______.
- reallocation of resources
- price stability
- redistribution of income
