Balanced, Surplus and Deficit Budget - What is Budget? - BYJU'S
Budget is classified into the following three parts: What is a Balanced Budget? A balanced budget is a condition in financial planning or the budgeting procedure where the total revenues are equivalent to or greater than the total expenditure.
Balanced Budget | Unbalanced Budget | Economics - Arinjay …
Balanced budget theory states that an increase in government expenditure which is financed by equal amount of tax leads to an increase in income (or aggregate demand) equivalent to the amount of government expenditure (or tax).
[Eco] Explain Balanced, Surplus and Deficit Budget - Class 12
Apr 16, 2024 · If Receipts are equal to Expenditure, it is Balanced Budget. If Receipts are More than Expenditure, it is Surplus Budget. If Receipts are less than expenditure, it is a Deficit Budget. Hence, we can say that Budget is of 3 types: 1. Balanced Budget. 2. Surplus Budget. 3. Deficit Budget. No questions in this part.
Government Budget and the Economy - CBSE Notes for Class 12 …
Jan 18, 2024 · Balanced Budget: If the government revenue is just equal to the government expenditure made by the general government, then it is known as balanced budget. 3. Unbalanced budget: If the government expenditure is either more or less than a government receipts, the budget is known as Unbalanced budget.
Government Budget | Balanced and Unbalanced Budget
Government Budget | Balanced and Unbalanced Budget | Macroeconomics | Part 6 | Class 12 YOUR 1 LIKE = 1 MOTIVATION 🙂 In this video we have covered balanced and unbalanced...
Balanced and Unbalanced Budget - Government Budget (Unit 2) | Class 12 …
Apr 29, 2022 · With this school education channel, we aim to help you to excel in your studies, without having to go to tuitions or worrying about low marks. Our experienced teachers ensure that you learn the...
Long Answer Questions - Government Budget and the Economy
A well-planned budget can stimulate economic activities, promote investment, and create employment opportunities, while an inefficient or unbalanced budget can lead to inflation, economic instability, or even recession.
MCQ Questions for Class 12 Economics Chapter 11 Government Budget …
Nov 7, 2023 · Government Budget and the Economy Class 12 MCQs Questions with Answers. Question 1. Financial Year in India is : (a) April I to March 31 (b) January 1 to December 31 (c) October 1 to September 30 (d) None of the above. Answer. Answer: (a) April I to March 31
Types of Budget: Balanced, Surplus & Deficit - PWOnlyIAS
Mar 27, 2024 · Budgets can be balanced, with spending matching revenue, or they can be surplus or deficit. Explore more about the types of budget in this comprehensive review!
2. What is a balanced government budget? Explain the multiplier effect of a balanced budget. Ans: a) Balanced Budget: - It is one where the estimated revenue of the government equals the estimated expenditure. b) Effect of Multiplier on the Balanced Budget:- i) If only source of revenue is a lump sum tax, a balanced budget will then mean that the
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