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प्रश्न
Answer the following question
What are the main components of budget?
उत्तर
Components of the budget can be divided into two broad categories:
1. Revenue budget
2. Capital budget
i. Revenue budget - It consists of those items that lead neither to a change in the assets nor a change in the liabilities of the government. This can further be classified into two categories, namely: a. Revenue receipts - These are those receipts of the government which neither create any liability nor any reduction in the assets of the government. These comprise of tax and non-tax receipts, duties and fines, interest and dividends receipts on government investments and assets.
b. Revenue expenditure - This refers to the government expenditure which does not cause any reduction in government liabilities nor create any assets for the government. For example- expenditure on salaries, pensions, subsidies, interest payments etc.
ii. Capital Budget - It consists of items that lead either to a change in the assets or a change in the liabilities of the government. This can further be classified into two categories, namely: a. Capital receipts - These are those receipts of the government, which cause a reduction in the government assets and also create a liability. For example - recovery of loans, borrowings etc.
b. Capital expenditure - This refers to that government expenditure which causes reduction in the government liabilities as well as creates assets for the government. For example - expenditure on purchasing shares, bonds etc.
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संबंधित प्रश्न
What are the main components of budget.
Give reasons or Explain the following statements. (Any Three)
During the [eriod of depression deficit budgets is used.
Define or explain the concept of Deficit budget .
Define or Explain.
Recovery of Debt
Give reason of Explain the statement
Revenue receipts and Revenue expenditure is known as Revenue Budget.
Give reason of Explain the statement
Government revenue is more than government expenditure.
Distinguish between:
Revenue budget and capital budget
Write short note on:
Revenue receipts
State with reason whether you agree or disagree with the following statement.
Capital budget consists of revenue receipts and revenue expenditure.
Answer in detail:
Explain capital receipts and capital expenditure as a part of Capital Budget.
Which of the following is a non-tax revenue?
The government budget shows the government’s ______.
One of the two components of government budget is ______.
One of the two components of government budget is ______.
One of the two components of the Revenue budget is ______.
One of the other two components of Revenue budget is ______.
One of the two components of Capital budget is ______.
One of the other two components of Capital budget is ______.
|
2019-2020 वास्तविक Actuals |
||
| 1. | Revenue Receipts | 1684059 |
| 2. Tax Revenue (Net Tax Revenue) | 1356902 | |
| 3. Non-Tax Revenue | 327157 | |
| 4. | Capital Receipts | 1002271 |
| 5. Recovery of Loans | 18316 | |
| 6. Others Receipts | 50304 | |
| 7. Borrowings and Other Liabilities | 933651 | |
| 8. | Total Receipts (1 + 4) | 2686330 |
| 9. | Total Expenditure (10 + 13) | 2686330 |
| 10. On Revenue Account | 2350604 | |
The percentage change in the Non-Tax Revenue, between 2019-20 (Actual) and 2020- 21(Budgeted Estimate), taking 2019-20 as base, would be ____________.
|
2019-2020 वास्तविक Actuals |
||
| 1. | Revenue Receipts | 1684059 |
| 2. Tax Revenue (Net Tax Revenue) | 1356902 | |
| 3. Non-Tax Revenue | 327157 | |
| 4. | Capital Receipts | 1002271 |
| 5. Recovery of Loans | 18316 | |
| 6. Others Receipts | 50304 | |
| 7. Borrowings and Other Liabilities | 933651 | |
| 8. | Total Receipts (1 + 4) | 2686330 |
| 9. | Total Expenditure (10 + 13) | 2686330 |
| 10. On Revenue Account | 2350604 | |
Identify which of the following is not an example of tax revenue for the government:
______ deals with how consumers or the producers make decisions depending on their given budget.
The excess of government expenditure over government income is termed as ______
In S = −a + (1 − b) Y, 'a' denotes
What are the objectives of budgetary policies?
Which is a component of the Budget?
On the basis of the below-mentioned information answer the following question:
Net Receipt of the Centre (₹ in lakh crore)
The value of non-tax revenue has ______ crores between 2016-17 and 2017-18.
Read the below case and answer the questions that follow:
The Centre on Saturday increased the budgetary allocation for the environment ministry from last fiscal by nearly five percent for 2020-21 with no change in the amount allotted to pollution abatement and climate change action plan. Union Finance Minister, Nirmala Sitharaman, allocated ₹3,100 crores for the ministry out of which ₹460 crores were allotted to control pollution, which is the same as the money it received in the last budget. Control of pollution has been conceptualized to provide financial assistance to Pollution Control Boards/Committees and funding to National Clean Air Programme (NCAP). Similarly, the budget for pollution abatement, which was cut by 50 percent last year from 2018-to 19, remained unchanged at ₹10 crores. The minister also announced that states, which are formulating and implementing plans for ensuring cleaner air in cities above one million population should be encouraged.
- Budget 2020: Allocation for Environment Ministry up 5% to ₹3,100 crore - Business Standards, 1st February 2020
What type of externality will the increase in budget allocation create?
How are revenue receipts different from capital receipts in a budget? Give one example of each receipt.
Revenue receipts in the government's budget:
