Question

4. बजट के आर्थिक एवं सामाजिक परिणामों की व्याख्या कीजिए।
Explain the economic and social consequences of the Budget.​

Answer 1

Answer:

The extent of the deficit and the means of financing it influence the money supply and the interest rate in the economy. High interest rates mean higher cost of capital for the industry, lower profits and hence lower stock prices. The fiscal measures undertaken by the government affect public expenditure.