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What are the different canons of Government budget?
Posted on March 25, 2012 | No Comments*A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure for the... -
What is a budget? What are the different components of a budget?
Posted on March 25, 2012 | No Comments*A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure for the... -
What is a budget? What are the different types of budget?
Posted on March 25, 2012 | No Comments*A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure for the... -
What are the different principles of a budget?
Posted on March 25, 2012 | No CommentsA budget should be prepared annually, should possess unity, should be prepared prior to the legislative actions and should represent an accountable person. Hence it should follow certain principles. The... -
What are the different components of a budget?
Posted on March 25, 2012 | No Comments*A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure for the... -
Write a note on different types of budgets.
Posted on March 25, 2012 | No Comments*A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure for the... -
Do you agree with the following statements? Give reasons for the same.
Posted on March 25, 2012 | No Comments1. The budget is said to be in surplus when Government expenditure exceeds its revenue. Disagree. * A budget can be balanced, surplus or deficit. * If the revenue raised... -
Do you agree with the following statements? Give reasons for the same.
Posted on March 25, 2012 | No Comments1. The budget is said to be in surplus when Government expenditure exceeds its revenue. Disagree. * A budget can be balanced, surplus or deficit. * If the revenue raised... -
Define and explain the following concepts.
Posted on March 25, 2012 | No Comments1. Budget: *A budget is a statement wherein the annual estimates of Government’s revenue and Government’s expenditure are provided. It is a financial statement of the estimated receipts and expenditure... -
Match the columns. (Answers).
Posted on March 25, 2012 | No Comments‘A’ ‘B’ Budget Annual financial statement of the Government. Balanced budget Government revenue = Government expenditure. Surplus budget Government revenue > Government expenditure. Deficit budget Government expenditure > Government revenue.... -
State whether the following statements are True or False.
Posted on March 25, 2012 | No Comments1. A budget deals with Government revenue and expenditure – True. 2. The Government announces its taxation policies and expenditure in the budget – True. 3. A budget cannot tackle... -
Fill in the blanks
Posted on March 25, 2012 | No Comments1. A budget is a statement wherein the annual estimates of Government revenue and Government expenditure are provided. 2. The government announces its taxation policies and expenditure every year in... -
What are the methods of credit control used by the Central bank?
Posted on March 25, 2012 | No CommentsThe Central bank uses various methods of credit control to achieve certain objectives like promotion of internal price stability and control of trade cycles, exchange rate stability and smooth international... -
1. Define Central bank. What are the functions of the Central bank?
Posted on March 25, 2012 | No Comments*Definition and meaning: The central bank is the head of the banking system of the country. It is a supreme monetary and banking authority that regulates and controls the activities... -
VI) Do you agree with the following statements? Give reasons for the same.
Posted on March 25, 2012 | No Comments1. The Central bank has no monopoly of note issue. Disagree. The Central bank has the right to issue currency notes i.e. legal tender money. The monopoly of note issue... -
Distinguish between Central bank and Commercial bank.
Posted on March 25, 2012 | No CommentsCentral Bank Commercial Bank Central bank is the apex of the monetary and the banking structure of its country and which performs as best as it can in national... -
Distinguish between Quantitative methods of credit control and Qualitative methods of credit control:
Posted on March 25, 2012 | No CommentsQuantitative methods of credit control Qualitative methods of credit control Quantitative methods of credit control regulate the flow of credit to all the sectors of the economy so as to... -
IV) Define and explain the following concepts:
Posted on March 25, 2012 | No Comments1. Central Bank: The central bank is the head of the banking system of the country. It is a supreme monetary and banking authority that regulates and controls the activities... -
III) Match the following (Answers).
Posted on March 25, 2012 | No Comments‘A’ ‘B’ Bank rate Official discount rate NABARD Rural development Variable reserve ratio Cash reserve with Central Bank Rationing of credit Ceiling on loans and advances Open market operations... -
II) State whether the following statements are true or false.
Posted on March 25, 2012 | No Comments1. The Central Bank is the head of the banking system of the country – True. 2. The monopoly of issue of legal tender money rests with the commercial bank...
