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Discuss the Issue of Deficit Reduction. - Economics

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प्रश्न

Discuss the issue of deficit reduction.

टीपा लिहा
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उत्तर

The ways of government budget deficit reduction are the following :-

(i) Decreasing expenditure

(ii) Increasing revenue

(i) Decreasing expenditure :-

a) The expenditure of government should be decreased by making government activities more planned and effective.

b) The government can encourage private sector to undertake capital projects.

(ii) Increasing revenue :-

a) Higher taxes imply higher income earned by the government. Also, new taxes may add to the revenues of the government.

b) The government can sell shares of Public Sector Undertakings (PSU disinvestment) to increase its revenue.

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पाठ 5: Government Budget And The Economy - Exercises [पृष्ठ ८४]

APPEARS IN

एनसीईआरटी Economics Introductory Macroeconomics [English] Class 12
पाठ 5 Government Budget And The Economy
Exercises | Q 14 | पृष्ठ ८४

संबंधित प्रश्‍न

Fiscal deficit equals :

(a) Interest payments

(b) Borrowings

(c) Interest payments less borrowing

(d) Borrowing less interest payments


Define fiscal deficit.


‘The fiscal deficit gives the borrowing requirement of the government’. Elucidate.


Suppose marginal propensity to consume is 0.75 and there is a 20 per cent proportional income tax. Find the change in equilibrium income for the following (a) Government purchases increase by 20 (b) Transfers decrease by 20.


Does public debt impose a burden? Explain.


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 the formula for 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 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?


When the revenue receipts are less than the revenue expenditures in a government budget, this shortfall is termed as


What is relation between government deficit and government debt?


Which of the following statements are correct

Statement 1: Fiscal deficits are not necessarily inflationary; though, they are generally regarded as inflationary.

Statement 2: When the government expenditure increases and tax reduces, there is a government deficit and there will be a corresponding increase in the aggregate demand.


______ are the transactions between the residents of two countries that take place due to consideration of profit. 


______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.  


Which of the following transactions are correct about ORT?


How do we get the primary deficit from the fiscal deficit?


Which of the following statements is true?


Fiscal deficit equals:


A large amount of fiscal deficit proves to be counter productive. Give any two reasons in support of this statement.


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