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Government Budget and Deficits
Economics · Chapter 17 · 5. Public Finance
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Your path through this chapter
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Step 1: Not startedFlashcards Beta
30 cards for quick recall of key terms and facts.
Review the cards Step 3: Not startedPractice
76 board-style questions with instant checks: Multiple choice 24, Short answer 21, Long answer 8, Assertion and reason 7.
Practise Step 4: Not startedChapter test Free
Short and long chapter tests in board pattern, with results and analysis.
Step 5: Not started- Chapter test (long) — Government Budget and Deficits · 40 marks · 100 min
- Chapter test (short) — Government Budget and Deficits · 20 marks · 50 min
Topics 3
- Government budget: meaning; Union and State budgets
- Components of the budget: revenue receipts and expenditure, capital receipts and expenditure
- Revenue deficit, fiscal deficit and primary deficit: meaning, calculation and implications