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Non-debt creating capital receipts are those receipts that are not borrowings and, therefore, do not give rise to any debt.

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Important Questions on Government Budget and the Economy

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In case of balanced budget, estimated revenue receipts is equal to estimated revenue expenditure

Defend or refute.

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If estimated government receipts are more than estimated government expenditure, it is said to be a:
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
An annual statement, that shows item wise estimates of receipts and expenditure during of fiscal year is called _____.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is the duration of Union Budget?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Which of the following are the components of a budget?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
 Surplus Budget is preferred during periods of deflation. 
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What a government budget? Name two sources each of non-tax revenue receipts and capital receipts.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
 Explain why public goods must be provided by the government? 
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Construction of a school building is a:
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget

If estimated government receipts are more than estimated government expenditure, it is said to be _____ Budget.

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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Union Budget is presented in the Parliament by:
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Which one of these is a revenue expenditure?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
"Government Budget is an important Monetary Policy instrument".
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Define government budget?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
 Distinguish between revenue expenditure and capital expenditure.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Union Budget is the budget of:
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
We suppose that C = 70 + 0.70Y D, I = 90, G = 100, T = 0.10Y (a) Find the equilibrium income. (b) What are tax revenues at equilibrium income? Does the government have a balanced budget?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Define budget deficit and trade deficit. The excess of private investment over saving of a country in a particular year was Rs 2,000 crores. The amount of budget deficit was - Rs 1,500 crores. What was the volume of trade deficit of that country?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget

Government Budget is an annual statement showing actual receipts and actual payments of the government for the last fiscal year.

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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Identify the correct flowchart depicting the nature of Capital Expenditure: