1. A
2. B
3. C
4. D
5. E
B
1. That the States has overrun their planned expenditures and lacking freedom of further development
2. That the States has reached at the peak of their finances and overtaken Centres in revenues
3. That Centre borrow money from the states for its, expenditures on educational and social welfare programmes
4. That the total expenditures of State, governments have even undertaken those of the Centre
5. That the total expenditures of State and Center has widened unprecedently in 1990s.
That the total expenditures of State, governments have even undertaken those of the Centre
1. A
2. B
3. C
4. D
5. E
E
1. A budget reflects what the Government is doing or intends to do.
2. A budget is a legal document
3. A budget is a promise of Government to its people
4. A budget is a guideline for State Governments
5. A budget reflects what the Government is doing or intends to do.
A budget reflects what the Government is doing or intends to do.
1. F
2. E
3. D
4. C
5. B
D
1. A budget in modem times should, therefore not be judged sound or otherwise merely on the basis of its ’deficit'or'surplus'or’balanced'position
2. A budget is. therefore not only instrument of implementing the economic and social objectives but it is also about growth with social justice
3. A budget is a reflection of success or failure of a governmentD-158
4. A budget in modem times should therefore not judged on its face value
5. A budget in this turbulence time cannot be judged on basis of monetary indices of 'surplus' or ’deficits’l
A budget in modem times should, therefore not be judged sound or otherwise merely on the basis of its ’deficit'or'surplus'or’balanced'position
1. The findings were not.taken note of
2. The findings were not taken seriously
3. The findings were not legally binding orr any one ,
4. The fallout from this revelation was only taken note of
5. The fallout from this revelation was seriously taken
The fallout from this revelation was only taken note of
1. F
2. E
3. D
4. C
5. B
F
1. Economists world over learnt it hard way during the Great depression
2. This is elementary principle of economics taught in schools
3. Reasons are not limited to these two but extend to , debts, liquidity & credit ratings issues
4. It was unexpected and came like a bolt from the blue
5. Particularly true for the Asian countries like India and China , But no depreciation is allowed on Live Stock i.e. Horses
Economists world over learnt it hard way during the Great depression
1. But when the gross income is less than the expenditure, then results in loss
2. But when the gross income is higher than the expenditure, then results in loss
3. But when the gross income is equal to expenditure then result is loss
4. But when the gross income is there loss is the result
5. But when the gross income is increasing then result is becoming evident
But when the gross income is less than the expenditure, then results in loss