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प्रश्न
Answer in detail :
Explain the concept of Balanced Budget.
उत्तर
A balanced budget refers to the budget when the total budget expenditure is equal to the total budget receipts.
Balanced budget = Total budget revenue – Total budget expenditure = 0
Adam Smith and other classical economists advocated the concept of balanced budget. They said that a balanced budget is the best since it has a neutral effect on the economy. However, it was argued by the modern economists that a balanced budget is not always suitable for the economy. For instance, during depression, the output and economic activities are low, causing unemployment in the country. In order to solve the problem of unemployment, the government must step in. The government can borrow money and use it for generating employment opportunities, thereby increasing demand and lowering unemployment. Thus, during depression, only a deficit budget is useful, while the balanced budget fails to correct the situation.
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संबंधित प्रश्न
Distinguish between Surplus budget and Deficit budget.
During the period of inflation surplus budget is advisable.
Explain the meaning of Budget set
Give the equation of Budget Line.
Explain the major components of government budget.
Define or explain the following concept :
Budget .
State whether the following statement is True or False :
Budget is a monthly statement - False.
Write short answer for the following question:
What are the Typing of Budget.
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.
Fill in the blank using proper alternatives given in the bracket:
During depression .............. budget is preferable.
Write short Answer for the following question:
Explain the components of government budget ?
(b) surplus budget
(c) deficit budget
(d) annual budget
Write short notes (Any Two)
Revenue Receipts
State whether the following statements are True or False with reasons:
The expenditure is more than income in balanced budget.
Give reasons or explain the following statement:
For the period of inflation surplus budget is prepared.
Write the answers in ‘one’ or ‘two’ paras each:
Explain the types of Government budget.
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:
Identify the right group of pairs from the given options.
| Column I | Column II |
| 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 |
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 |
