Advertisements
Advertisements
प्रश्न
Give the equation of Budget Line.
उत्तर
The equation of the budget line:
P1X1 + P2X2 = M
Where,
P1 - per unit price of Good 1
P2 - per unit price of Good 2
X1 - quantity of Good 1
X2 - quantity of Good 2
M - income of the consumer
APPEARS IN
संबंधित प्रश्न
During the period of inflation surplus budget is advisable.
Explain the meaning of Budget set
Define or explain the following concept :
Budget .
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.
(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.
Fill in the blank with appropriate alternatives given below
When Government revenue exceeds, government expenditure it is known as __________ budget.
Distinguish between:
Deficit budget and balanced budget
Surplus budget is that budget where in ______.
Which of the following points relates to surplus budget?
Complete the correlation:
Inflation: Surplus budget : : ______ : Deficit 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 |
