3.Goverment budget (meaning ,definition, features,types its advantages)
Answers
Answer:
A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. Depending on the feasibility of these estimates, budgets are of three types -- balanced budget, surplus budget and deficit budget.
Explanation:
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Explanation:
GOVERNMENT BUDGET
MEANING - THE AMT. OF FUND GOVERNMENT HAVE FOR WELFARE OF COUNTRY
DEFINATION - GOVERNMENT GETS ITS BUDGET FROM WE COMMON PEOPLE THROUGH TAX..SO WE SHOULD PAY TAX.
ADVANTAGES - IF GOVERNMENT HAVE APPROPRIATE FUND THEN THE COUNTRY CAN GROW EVEN BETTER THAN EARLIER
TYPES - BUDGET FOR WELFARE, FOR HELP, FOR CONSTRUCTION, FOR EDUCATION..ETC
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