HSC Arts 12th Board ExamMaharashtra State Board
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Explain the Budget Expenditure of the Government. - HSC Arts 12th Board Exam - Economics

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Question

Explain the budget expenditure of the government.

Solution

Budget expenditure refers to the estimated money expenditure by the government on various social, economic and political activities in the country during a particular financial year. The budget expenditure can also be classified on three bases:

  • On the basis of the creation of assets and liabilities- On this basis, the budget expenditure is divided into two, revenue expenditure and capital expenditure.
  • On the basis of planned and non-planned activities- On this basis, the budget expenditure is divided in two, plan expenditure and non-plan expenditure.
  • On the basis of development and non-developmental activities- On this basis, the budget expenditure is divided in two, development expenditure and non-development expenditure.
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APPEARS IN

 2013-2014 (March) (with solutions)
Question 4.6 | 4.00 marks
Solution Explain the Budget Expenditure of the Government. Concept: Objectives of Government Budget.
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