With reference to Union Budget, consider the following statements:
Syllabus Connection
NCERT Connection
Ch.5: Government Budget and the Economy
Economics • Class 12 • Class 12 Macroeconomics
Related PYQs in Government Budgeting
Which one of the following best describes the 'Crowding Out Effect' in the context of fiscal policy?
Consider the following statements : I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestment are capital receipts. III. Interest received on loans creates a liability of the Government. Which of the statements given above are correct?
Comment on the important changes introduced in respect of the Long-term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019.
Women empowerment in India needs gender budgeting. What are the requirements and status of gender budgeting in the Indian context?
There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Expanding industries Select the correct answer using the code given below.