मराठी

Explain the Meaning of Budget Set

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प्रश्न

Explain the meaning of Budget set 

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उत्तर

A budget set refers to attainable bundles of a set of two goods, given the prices of goods
and the income of the consumer.

An equation of the budget set is P1X1 + P2X2 < M.

where
X1 = Quantity of Good-1
X2 = Quantity of Good-2
P1 = Price of Good-1
P2 = Price of Good-2

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2016-2017 (March) All India Set 1

संबंधित प्रश्‍न

Distinguish between Surplus budget and Deficit budget.


During the period of inflation surplus budget is advisable.


Give the equation of Budget Line.


Define the following concept:

Budget


Write short answer for the following question:

What are the Typing of Budget.


Fill in the blank using proper alternatives given in the bracket:

During depression .............. budget is preferable.


Write short Answer for the following question:

Explain the components of government budget ?


Budget where total revenue equals to total expenditure is called ______.

Write short notes (Any Two)

Revenue Receipts


Give reasons or explain the following statement: 

 For the period of inflation surplus budget is prepared. 


Write the answers in ‘one’ or ‘two’ paras each: 

Explain the types of Government budget.


Fill in the blank with appropriate alternatives given below

When Government revenue exceeds, government expenditure it is known as __________ budget.


State with reason whether you agree or disagree with the following statement.

During the period of inflation, Surplus Budget is advisable. 


Define "Trade surplus" and "Trade Deficit".


Surplus budget is that budget where in ______.


Which of the following points relates to surplus budget?


Complete the correlation:

Inflation: Surplus budget : : ______ : Deficit budget


Find the odd word out:

Types of budget:


identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax

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