Advertisements
Advertisements
Questions
What is government budget?
Define government budget.
Solution
A government budget is a financial statement of expected receipts and payments of government during a particular period of time, such as a financial year 1st April XX–31st March XX.
APPEARS IN
RELATED QUESTIONS
The term 'budget' is derived from the ......................... word 'bougette'.
(Greek / German / French / Latin)
Borrowing in government budget is ______.
Define or explain the following concept.
Government budget.
State whether the following statements are True or False:
Budget is not prepared for each and every year.
State whether the following statement is True or False with reason:
The government budget is for uncertain time period.
Give reasons or explain the following statement:
Tax is a major source of income to the government.
Write answers in ‘one’ or ‘two’ paras each.
State the components of Government budget.
Define or Explain the concept:
Budget
In the context of government budget, which of the following statements is correct?
The government budget is an ______.
The ways of a government budget deficit reduction are ______
Identify the incorrect statement from the following.
The primary deficit in a government budget will be zero, when ______ .
All possible combinations of goods that a consumer can buy can be shown by budget line, given ______