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Which one of these is a revenue expenditure?
Concept: Classification of Expenditure
Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on purchasing computers
Concept: Classification of Expenditure
Giving reason, state whether the following is a revenue expenditure or a capital expenditure in a government budget:
Expenditure on scholarships
Concept: Classification of Expenditure
The government has started spending more on providing free services like education and health to the poor. Explain the economic value it reflects.
Concept: Classification of Expenditure
Explain the major components of government budget.
Concept: Types of 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
Concept: Objectives of Government Budget
______ is a process, which includes all the activities from sowing till sale of the final produce in the market.
Concept: Agricultural Market System
______ have emerged as an important micro finance system and led to women empowerment.
Concept: Credit and Marketing in Rural Areas
“Organic Farming is the need of the hour to promote sustainable development but, has its own limitations.”
Elaborate any two advantages and limitations each of organic farming in the light of the above statement.
Concept: Sustainable Development and Organic Farming
______ is the apex institution which plans and evaluates policies related to rural credit needs.
Concept: Credit and Marketing in Rural Areas
State the meaning of organic farming. Discuss how does it help in promoting sustainable development.
Concept: Sustainable Development and Organic Farming
Unemployment is reduced due to the measures were taken by the government. State its economic value in the context of production possibilities frontier.
Concept: Concept of Unemployment
What is likely to be the impact of efforts towards reducing unemployment on the production potential of the economy? Explain
Concept: Concept of Unemployment
Define worker-population ratio.
Concept: Workers and Employment
Ram is an owner of a salon. He is temporaily absent from work due to injury.
Can he be considered as worker? Explain.
Concept: Growth and Changing Structure of Employment
Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments.
Reason (R): Autonomous transactions are determined by the difference in the Balance of Payments.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
As per the Reserve Bank of India (RBI) press report, dated 22nd June, 2022:
"Net Foreign Portfolio Investment (FPI) recorded an outflow of US $15.2 billion mainly from the equity market."
The above transaction will be recorded in the ______ account on ______ side of Balance of payments account of India.
Concept: Concept of Balance of Payments >> Capital Account
‘Kavya works on her family farm and is neither paid in cash nor in the form of grains.’
Can she be categorized as a worker? Give valid reasons in support of your answer.
Concept: Self-employed and Hired Workers
Define Worker Population Ratio. Discuss its usefulness.
Concept: Participation of People in Employment
“In the late 1990's India experienced a widening gap between the growth of GDP and employment generation”. Discuss.
Concept: Growth and Changing Structure of Employment
