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प्रश्न
Suppose you are a member of the "Advisory Committee to the Finance Minister of India". The Finance Minister is concerned about the rising Revenue Deficit in the budget.
Suggest anyone measure to control the rising Revenue Deficit of the government.
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उत्तर
The measure that can be used to control the rising Revenue Deficit is that the government should either cut down its revenue expenditure or increase its revenue receipts.
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संबंधित प्रश्न
Define revenue
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100 (a) Find the equilibrium level of income and the autonomous expenditure multiplier in the model. (b) If government expenditure increases by 30, what is the impact on equilibrium income? (c) If a lump-sum tax of 30 is added to pay for the increase in government purchases, how will equilibrium income change?
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100, calculate the effect on output of a 10 per cent increase in transfers, and a 10 per cent increase in lump-sum taxes. Compare the effects of the two.
Are fiscal deficits inflationary?
Classify the following statement into positive economic or normative economic, with suitable reason:
Government should try to control the rising fiscal deficit.
Fiscal 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 is MOST LIKELY to be the main contributor to the fiscal deficit in this case?
Which of the following factors necessitated the need for economic reforms?
A fiscal deficit is equal to borrowings. It is ______
When the revenue receipts are less than the revenue expenditures in a government budget, this shortfall is termed as
The difference between fiscal deficit and interest payment is known as ______
Which of the following statements is true?
Primary deficit is borrowing requirements of government for making:
A large amount of fiscal deficit proves to be counter productive. Give any two reasons in support of this statement.
A Budget Deficit refers to a situation where:
Which of the following formulas correctly defines the Fiscal Deficit?
For 2024–25 Budget Estimates, the fiscal deficit was estimated at what percentage of GDP?
The Primary Deficit is always smaller than the Fiscal Deficit because:
