The difference between revenue expenditure and revenue receipts is

Related MCQs

• The difference between total expenditure and total receipts is
• Old age pension is “National Old Age Pension Schemes”, “Interest payments”, “Subsidies”, “Unemployment allowances”, “Welfare benefits to weaker sections, etc.” By incurring such expenditure, the government does not get anything in return, but it adds to the welfare of the people, especially belong to the weaker sections of the society. Such expenditure basically results in redistribution of money incomes within the society.
• Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as:
• Expenditure incurred by the Government on building durable assets, like highways, multipurpose dams, irrigation projects are in the nature of
• Developmental expenditure refers to
• The most important source of revenue to the states is
• The practice by Governments in which a government spends more money than it receives as revenue is referred to as:
• In classical theory the equality between saving and investment is brought about by:
• Psychological law of consumption states that the value of MPC is lies between zero and
• Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value