Tag: economics

The budget of the central government is prepared by the ______.

With the exception of development activities, expenditure incurred on administration, defence, interest payment, etc., is called ____________ expenditure.

Causes of rise in public debt is ___________________.

Expenditure made by the government on the purchase of goods and services on current services of factors of production is called _________________.

During the period of boom there is need of curbing _____________________.

During depression the government is expected to increase ____________________.

Developmental expenditure is expenditure incurred in promoting economic and social development of the country.

Public expenditure refers to expenditures made by _______________. 

Public expenditure if spent properly, exerts an important influence on the entire economy.

Public expenditure helps to reduce income inequality.