Advertisements
Advertisements
प्रश्न
Explain the major components of government budget.
Explain briefly various components of the budget.
Advertisements
उत्तर
1. Revenue budget: This includes revenue receipts and revenue expenditure.
- Revenue receipts: These are the regular earnings of the government that do not create any liability or reduce any asset. They are of two types:
- Tax revenue: Income from taxes like income tax, GST, customs, etc.
- Non-Tax revenue: Interest, dividends from public sector units, fines, fees, etc.
- Revenue expenditure: These are expenses for the day-to-day functioning of the government, which do not create assets.
Examples: Salaries, pensions, interest payments, subsidies, defense expenses, etc.
2. Capital budget: This includes capital receipts and capital expenditure.
- Capital receipts: Receipts that either create a liability (e.g., borrowing) or reduce an asset (e.g., disinvestment).
Examples: Borrowings, loan recoveries, sale of public assets. - Capital expenditure: Spending on creation of assets or reduction of liabilities. Examples: Infrastructure development (roads, bridges), loans to states, repayment of borrowings.
APPEARS IN
संबंधित प्रश्न
Distinguish between Surplus budget and Deficit budget.
Explain the meaning of Budget set
Give the equation of Budget Line.
Define the following concept:
Budget
State whether the following statement is True or False :
Budget is a monthly statement - False.
Write short answer for the following question:
What are the Typing of Budget.
Fill in the blank with proper alternatives given in the bracket:
Budget is the _________________ of the revenue and expenditure of the coming year.
Write short Answer for the following question:
Explain the components of government budget ?
Write short notes (Any Two)
Revenue Receipts
State whether the following statements are True or False with reasons:
The expenditure is more than income in balanced budget.
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.
Fill in the blank with appropriate alternatives given below
During depression, __________ budget is preferable.
Distinguish between:
Deficit budget and balanced budget
State with reason whether you agree or disagree with the following statement.
During the period of inflation, Surplus Budget is advisable.
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.
| Column I | Column II |
| 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 |
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 |
