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Define or explain the following concept. Government budget. - Economics

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Questions

Define or explain the following concept.

Government budget.

Define government budget.

Definition
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Solution

The budget of the government is an annual financial statement describing in detail the estimated receipts and proposed expenditures and disbursements of the government under various heads for the financial or fiscal year.
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Chapter 17: Government Budget - TEST YOURSELF QUESTIONS [Page 344]

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Frank Economics [English] Class 12 ISC
Chapter 17 Government Budget
TEST YOURSELF QUESTIONS | Q 1. | Page 344
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