Please select a subject first
Advertisements
Advertisements
Explain any one objective of Government Budget.
Concept: Objectives of Government Budget
Explain how taxes and government expenditure can be used to influence revenue expenditure and capital expenditure?
Concept: Classification of Expenditure
Explain how government budget can be used to influence the distribution of income?
Concept: Objectives of Government Budget
Explain the meaning of Budget set
Concept: Types of Budget
Explain the meaning of excess demand and excess supply with the help of a schedule. Explain their effect on equilibrium price.
Concept: Equilibrium Price
Define revenue
Concept: Measures of Government Deficit
A market for a good is in equilibrium. The demand for the good 'increases'. Explain the chain of effects of this change.
Concept: Market Equilibrium
Which one of these is a revenue expenditure?
Concept: Classification of Expenditure
A market for a product is in equilibrium. Demand for the product "decreases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram
Concept: Market Equilibrium
Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on purchasing computers
Concept: Classification of Expenditure
What is imperfect oligopoly?
Concept: Market Forms - Imperfect Oligopoly
Giving reason, state whether the following is a revenue expenditure or a capital expenditure in a government budget:
Expenditure on scholarships
Concept: Classification of Expenditure
The government has started spending more on providing free services like education and health to the poor. Explain the economic value it reflects.
Concept: Classification of Expenditure
Define price floor. Explain the implications of price floor.
Concept: Price Floor
What are two alternative ways of determining equilibrium level of income? How are these related?
Concept: Determination of Market Equilibrium
Explain the major components of government budget.
Concept: Types of Budget
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
Concept: Objectives of Government Budget
Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments.
Reason (R): Autonomous transactions are determined by the difference in the Balance of Payments.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
As per the Reserve Bank of India (RBI) press report, dated 22nd June, 2022:
"Net Foreign Portfolio Investment (FPI) recorded an outflow of US $15.2 billion mainly from the equity market."
The above transaction will be recorded in the ______ account on ______ side of Balance of payments account of India.
Concept: Concept of Balance of Payments >> Capital Account
'Deficit' in Balance of payment (BOP) refers to the excess of ______.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
