Question 3. What is meant by budget expenditure? Distinguish between revenue expenditure and capital expenditure. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics

Question 2. What is meant by non-tax revenue? Explain the different sources of non-tax revenue Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics

Question 1. Define Government budget. Explain the various objectives of a government budget. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics Class 12

Question 12. Give meanings of Capital receipts and Revenue receipts with an example of each. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics

Question 11. Distinguish between revenue receipts and capital receipts. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics Class 12 Solutions Sandeep Garg Macroeconomics

Question 10. Explain with the help of suitable examples the basis of classifying taxes into direct and indirect taxes Class  Class 12 Subject Economics (Macroeconomics)

Question 9. Distinguish between Direct Tax and Indirect Tax Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics Class 12 Solutions Sandeep Garg Macroeconomics

Question 8. Define tax revenue. What are the two kinds of tax revenues? Give two examples of each. Class  Class 12 Subject Economics (Macroeconomics) Category

Question 7. What are the two broad divisions of receipts of the government budget? Name two sources of each kind of receipt. Class  Class 12

Question 6. What is a government budget? Give the meaning of: (a) Revenue deficit; (b) Fiscal deficit. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep

Question 5. What is a government budget? Name two sources each of non-tax revenue receipts and capital receipts. Class  Class 12 Subject Economics (Macroeconomics) Category

Question 4. Explain the ‘allocation of resources’ objective of Government budget. Class  Class 12 Subject Economics (Macroeconomics) Category Sandeep garg Macroeconomics Class 12 Solutions Sandeep