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Chapters
1: Factors of Production
Unit II - Theory of Demand and Supply
2: Elementary Theory of Demand
3: Elasticity of Demand
4: Theory of Supply
Unit III - Market
5: Meaning and Types of Markets
Unit IV - Banking in India
6: Meaning and Functions of Money
7: Commercial Banks
8: Central Bank
9: Introduction to Public Finance
10: Public Revenue
▶ 11: Public Expenditure
12: Public Debt
Unit V - Inflation
13: Inflation
Unit VI - Consumer Awareness
14: Consumer Awareness
![Goyal Brothers Prakashan solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई chapter 11 - Public Expenditure - Shaalaa.com](/images/economics-english-class-10-icse_6:79542639410243508fde8e322c338fd1.jpg "Goyal Brothers Prakashan solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई chapter 11 - Public Expenditure")
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Solutions for Chapter 11: Public Expenditure
Below listed, you can find solutions for Chapter 11 of CISCE Goyal Brothers Prakashan for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई.
Goyal Brothers Prakashan solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई 11 Public Expenditure Exercise [Pages 224 - 226]
MULTIPLE CHOICE QUESTIONS
Public expenditure is incurred by the ______.
government authorities
people
Both government authorities and people
Neither government authorities nor people
Government expenditure on Mid-Day Meal scheme running in government (state run) schools is a type of ______ expenditure in government budget.
Capital expenditure
Revenue expenditure
Development expenditure
None of these
Which one of the following is a part of capital expenditure?
Salary paid to army officers
Expenditure on construction of Metro
Pension paid to retired government employees
None of these
If the Government establishes a new hospital, this expenditure incurred in the Government Budget will be a type of ______ expenditure.
Revenue expenditure
Capital expenditure
None-development expenditure
None of these
______ neither creates assets nor reduces government liabilities.
Capital expenditure
Revenue expenditure
Both Capital expenditure and Revenue expenditure
None of these
______ are those expenditures which help in improving the productive capacity of the economy.
Revenue expenditure
Development expenditure
Productive expenditure
Both Development expenditure and Productive expenditure
Revenue expenditure:
Does not create any asset for the government
Reduces liability of the government
Is non-recurring expenditure
Increases productive capacity of the economy
______ does neither create assets neither reduces liability of the government.
Revenue expenditure
Capital expenditure
Development expenditure
Commercial expenditure
Identify the incorrect statement from the following:
Expenditure on providing free education and health care facilities, unemployment allowance, old age pension etc. tend to reduce inequalities of income.
Expenditure on economic and social infrastructure raises the productive capacity of the economy.
Public expenditure is needed for provision of collective wants to maximise social welfare.
None of these
______ is an example of capital expenditure.
Repayment of borrowing
Interest on national debt
Salaries paid to government staff
Pension paid to government employees
Which is not a component of capital expenditure?
Loans to States
Acquisition of land
Repayment of borrowing
Interest payments
Which of the following may be the reason behind the growth of public expenditure in India?
Increase in defence expenditure
Population growth
Both Increase in defence expenditure and Population growth
Neither Increase in defence expenditure nor Population growth
Revenue expenditure is ______ in nature.
Non-recurring
Recurring
Simple
Complex
Capital expenditure is ______ in nature.
Non-recurring
Recurring
Simple
Complex
Positive
Persuasive
Read the following statements-Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Government expenditure includes all government consumption, investment and transfer payments.
Reason (R): Public expenditure can broadly be classified into operating expenditure, redistribution expenditure, and investment expenditure.
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
Assertion (A): Expenditure associated with construction of new assets is capital expenditure.
Reason (R): Expenditure associated with repair/maintenance of existing assets is current expenditure.
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
Read the following statements carefully and choose one of the correct alternatives given below:
Statement (1): Revenue expenditure is non-recurring.
Statement (2): Capital expenditure is recurring.
Both statements are true.
Both statements are false.
Statement 1 is true but Statement 2 is false.
Statement 2 is true but Statement 1 is false.
Statement (1): Public expenditure on interest payments is considered as an unproductive expenditure.
Statement (2): Public expenditures on investment are productive.
Both statements are true.
Both statements are false.
Statement 1 is true but Statement 2 is false.
Statement 2 is true but Statement 1 is false.
Based on the image given below identify and explain the expenditure incurred by the government on these programmes.
Short Answer Type Questions
Define public expenditure.
What is the meaning of revenue expenditure?
Distinguish between the following concepts:
Developmental expenditure and non-developmental expenditure.
Is the expenditure incurred by the state on defence regarded as productive or unproductive? Give one reason.
Differentiate between revenue and capital expenditure. (Three points)
Explain the term revenue expenditure of the government.
What is Wagner’s Law?
Give two reasons for an increase in public expenditure in recent times. Give any two points.
Give two advantages of public expenditure.
Explain the term revenue expenditure of the government.
Long Answer Type Questions
Give two reasons for an increase in public expenditure in recent times. Give any two points.
What is public expenditure?
Give two reasons for an increase in public expenditure in recent times. Give any two points.
Give two reasons for an increase in public expenditure in recent times. Give any two points.
Explain any three reasons for the growth of public expenditure.
In what way the public expenditure policy be directed towards promoting economic development and reducing inequalities of income and wealth?
Define public expenditure.
Explain two ways by which public expenditure promotes economic development.
Give two advantages of public expenditure.
Goyal Brothers Prakashan solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई 11 Public Expenditure QUESTION BANK [Pages 226 - 227]
Define public expenditure.
Distinguish between the following concepts:
Developmental expenditure and non-developmental expenditure.
What is revenue expenditure?
Give two examples of revenue expenditure.
Define capital expenditure.
Give four examples of capital expenditure.
Explain the meanings of Productive Expenditure.
Explain the meanings of Unproductive Expenditure.
Give two advantages of public expenditure.
Give two advantages of public expenditure.
Give two reasons for an increase in public expenditure in recent times. Give any two points.
Solutions for 11: Public Expenditure
Goyal Brothers Prakashan solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई chapter 11 - Public Expenditure
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Concepts covered in इकॉनॉमिक्स [अंग्रेजी] कक्षा १० आईसीएसई chapter 11 Public Expenditure are Public Finance, Nature of Public Finance, Difference Between Public Finance and Private Finance.
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