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प्रश्न
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
विकल्प
(i) only
(ii) only
(iii) only
(i) and (iii)
उत्तर
(ii) only
Explanation:
Surplus budget (Government Receipts > Government Expenditure) is used to limit the economy's growing prices. It will help to sponge up the economy's liquidity or money supply. It will cause a drop in aggregate demand and the price level. It has nothing to do with resource reallocation or revenue redistribution.
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संबंधित प्रश्न
In India budget is presented in the Parliament by the ............................................
(Prime Minister / Finance Minister / Chief Minister / Defence Minister)
Explain any one objective of Government Budget.
Explain the role of government budget in bringing stability in the economy.
Explain how government budget can be used to influence the distribution of income?
Explain the role of the government budget infighting inflationary and deflationary tendencies.
Explain the budget expenditure of the government.
Explain the ‘redistribution of income’ objective of Government budget.
Define of Explain the following concepts.
Balanced budget
State whether the following statements are TRUE or FALSE with reason.
Government budget is a family budget.
Which of the following are the objectives of government budget?
The Government can achieve its budget objective of ‘Redistribution of Income’ by ____________.
The focus of government budget is to:
Identify the objective of the budget.
State any two features of public goods.