Scribd
Upload
14 views2 pages

Chapter 10: Government Budget and The Economy Short Answer Type Question (3/4 Marks Each)

The document outlines an autumn break assignment for Class XII Economics focusing on Chapter 10: Government Budget and the Economy. It includes short answer and long answer questions related to the objectives, components, and implications of government budgets, particularly in terms of economic stability, resource allocation, and income distribution. The assignment aims to assess students' understanding of key concepts and their applications in economic policy.

Uploaded by

libersonpotsangbam71
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
14 views2 pages

Chapter 10: Government Budget and The Economy Short Answer Type Question (3/4 Marks Each)

The document outlines an autumn break assignment for Class XII Economics focusing on Chapter 10: Government Budget and the Economy. It includes short answer and long answer questions related to the objectives, components, and implications of government budgets, particularly in terms of economic stability, resource allocation, and income distribution. The assignment aims to assess students' understanding of key concepts and their applications in economic policy.

Uploaded by

libersonpotsangbam71
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

AUTUMN BREAK ASSIGNMENT

CLASS: XII

SUBJECT: ECONOMICS (030)

Chapter 10: Government Budget and the Economy

Short answer type question (3/4 Marks Each)


1. State three objectives of a government budget. 2011
2. Explain the ‘economic stability’ objective of a government budget. 2011, 12, 17
3. How can government budget help in reducing inequalities of income? Explain. 2009, 13, 19
4. How can government budget be helpful in altering distribution of income in an economy?
Explain. 2010, 17
5. Explain the allocation of resources objective of government budget. 2011, 12
6. Explain how government can influence allocation of resources through government budget.
2013, 17, 19
7. What is government budget? Name two sources each of non-tax revenue receipts and capital
receipts. 2004
8. Do disinvestment and loan proceeds from abroad constitute revenue receipts of the
government? Give reason. 2019
9. State any two items of revenue expenditure in a government budget. 2019
10. Is the following revenue expenditure or capital expenditure in the context of government
budget? Give reason. (i) Expenditure on collection of taxes (ii) Expenditure on purchasing
computers 2013
11. Explain the distinction between fiscal deficit and primary deficit. 2018
12. State three sources each of revenue receipts and capital receipts in government budget. 2013
13. Explain any one objective of government budget. 2013
14. Reducing in income inequalities raises welfare of the people. How can government help through
government budget, in this regard? Explain. 2013
15. How is capital expenditure different from revenue expenditure? Discuss briefly. 2019
16. Distinguish between revenue expenditure and capital expenditure in a government budget. Give
examples. 2012, 13, 19
17. How are capital receipts different from revenue receipts? Discuss briefly. 2012, 13, 19
18. Explain with the help of suitable examples the basis of classifying taxes into direct and indirect
taxes. 2010, 17
Long answer type questions (6 Marks Each)
19. Explain the distinction between Revenue Receipts and Capital Receipts in a government budget.
Give their components. 2018
20. Explain: (a) Allocation of resources; and economic stability as objectives of Government
budget.2018
21. What is government budget? Explain its major components. 2018
22. What is the difference between revenue expenditure and capital expenditure? Explain how
taxes and government expenditure can be used to influence distribution of income in the
society. 2016
23. What is the difference between direct tax and indirect tax? Explain the role of government
budget in influencing allocation of resources. 2016
24. What is government budget? Explain how taxes and subsidies can be used to influence
allocation of resources. 2016
25. Explain how the government can use the budgetary policy in reducing inequalities in incomes.
2015
26. Explain the objectives of resource allocation and income distribution in a government budget.
2014

--------x--------

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy