The Government:...

Revenue receipts of the government are classified into:

_____________ budget includes receipts of the government through tax and non-tax sources and that expenditure which doesn't affect the assets and liabilities of the government.

When the estimated government receipts are less than the estimated government expenditure, the budget is termed as ___________ budget.

A surplus budget is useful in correcting inflationary gap by lowering the level of _____________.

Which of the following is a component of the capital budget?

A deficit budget proves to be useful during the periods of ____________.

Government budget comprises of which of the following?

What are ways that can be used by the government to correct inflationary gap using surplus budget?

_________ expenditure refers to the expenditure incurred by the government on various programmes in the plan.

Taxes levied on personal income, profits of the corporate, wealth and property is termed as ________ tax.