Advertisements
Advertisements
Questions
Define the following concept:
Budget
Give the definition of budget.
Advertisements
Solution 1
According to Prof. Johnson, “A state budget is a statement of the states estimated income and expenditure in a commencing period usually one year.”
Solution 2
According to Prof. Dimock, “Balanced estimate of expenditure and receipt for the given period of time.”
APPEARS IN
RELATED QUESTIONS
Distinguish between Surplus budget and Deficit budget.
During the period of inflation surplus budget is advisable.
Give the equation of Budget Line.
State whether the following statement is True or False :
Budget is a monthly statement - False.
Fill in the blank with proper alternatives given in the bracket:
Budget is the _________________ of the revenue and expenditure of the coming year.
Give reason or explain the following statement:
A dieficit budget nay prove useful during the period of depression.
Give reasons or explain the following statement:
For the period of inflation surplus budget is prepared.
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.
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:
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 |
Which of the following is NOT a type of government budget on the basis of balance?
In a Balanced Budget, which of the following conditions holds?
A Surplus Budget is one in which:
A Deficit Budget is one in which:
A Surplus Budget is used during inflation primarily to:
The classification of budgets into Revenue Budget and Capital Budget is based on:
The classification of budgets into Union Budget and State Budget is based on:
The distinction between an Ordinary Budget and an Emergency Budget is based on:
The Plan Budget vs. Non-Plan Budget classification is based on:
The classification of budgets into Development Budget and Non-Development Budget is based on:
From which Union Budget was the Plan/Non-Plan classification discontinued?
Why is a Surplus Budget NOT suitable during a recession?
Which type of budget is associated with welfare state objectives?
Which of the following correctly matches the budget type with its use?
