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प्रश्न
The government has started spending more on providing free services like education and health to the poor. Explain the economic value it reflects.
उत्तर
When there is an increase in government expenditure in providing free services such as education and health to the poor, it improves the welfare of the nation. This has an effect on the economic value of the nation. The government can reallocate resources so that social and economic objectives can be met in the following ways:
- The government ensures productive expenditure to maximise the welfare of the nation with the minimum level of profit.
- The government regularises the activities of the private sector to provide social benefit to the poor.
Hence, it helps to bridge the gap between the rich and poor sections of society
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संबंधित प्रश्न
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Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on a collection of taxes.
Explain how taxes and government expenditure can be used to influence revenue expenditure and capital expenditure?
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Which one of these is a revenue expenditure?
Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on purchasing computers
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National income = 500
Marginal propensity to save = 0.30
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Expenditure of building a bridge.
Distinguish between capital expenditure and revenue expenditure.
Capital expenditure is that estimated expenditure of the government which?
The expenditure multiplier is the ratio of ______.
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following shows fiscal deficit?
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is a non-tax revenue for the government?
Calculate Investment expenditure from the following data about an economy that is in equilibrium.
National Income = Rs 1,000
Marginal Propensity to Save = 0.20
Autonomous consumption expenditure = Rs 100
The government uses ______ as proxy for income of households to identify the poor.
Which one of the following is not a capital expenditure?
