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प्रश्न
Explain how government budget can be helpful in bringing economic stabilization in the economy.
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उत्तर
Taxes and government expenditure can be influenced in bringing economic stabilisation in the following ways:
1) A tax is a legally compulsory payment imposed by the government on households and producers. The government imposes taxes on socially unsafe goods such as alcohol and tobacco. Thereby resources will be shifted to the production of socially essential goods.
2) Subsidies do not reduce the liability of the government and it does not add to the assets of the government. The government also provides subsidies for necessary goods such as wheat, rice and sugar. Thereby the resources are shifted from the production of goods for the rich to the production of goods for the poor.
Thus, government budget can be helpful in bringing economic stabilisation in the economy.
संबंधित प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
Explain any one objective of Government Budget.
Explain the budget expenditure of the government.
Explain the economic stability as objectives of government budget.
Explain the concept of ‘fiscal deficit’ in a government budget. What does it indicate?
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 _________.
Direct tax is called direct because it is collected directly from ______
The focus of government budget is to:
Identify the objective of the budget.
Which objective of the government budget is achieved through progressive taxation and transfer payments to bring about a fair distribution?
To generate employment, the government budget promotes which type of technology?
Poverty and unemployment reduction programmes are run under which objective of the government budget?
The objective of the government budget concerned with controlling the revenues and expenditures of public sector undertakings (PSUs) is known as:
The three core functions of a government budget are:
Progressive taxation refers to a tax system in which there is:
During inflation, the stabilisation function curtails demand in order to:
