Advertisements
Advertisements
प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
Advertisements
उत्तर
The government expenditure on producing public goods increases the welfare of the nation. Through the budgetary policy, the government can reallocate resources so that social and economic objectives can be met in the following ways:
i. The government ensures productive expenditure to maximise the welfare of the nation with minimum level of profit.
ii. The government regularises the activities of the private sector to provide social benefit to the poor.
APPEARS IN
संबंधित प्रश्न
Explain any one objective of Government Budget.
Explain how government budget can be used to influence the distribution of income?
Explain how government budget can be helpful in bringing economic stabilization in the economy.
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?
Which of the following are the objectives of government budget?
The focus of government budget is to:
Identify the objective of the budget.
The primary deficit in a government budget is:
In order to tackle the problem of rising general price in an economy, government may come up with a surplus budget to achieve the budget objective of ______.
- reallocation of resources
- price stability
- redistribution of income
Which objective of the government budget is achieved through progressive taxation and transfer payments to bring about a fair distribution?
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:
Under the allocation function, the government provides:
Which of the following is a set of examples of public goods provided by the government?
The distribution function uses taxes and transfer payments to change:
The stabilisation function of the government budget stabilises the economy by adjusting:
During inflation, the stabilisation function curtails demand in order to:
