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Obligatory functions of the government includes (a) Provision of education (b) Establishment of hospital (c) Maintenance of peace and security (d) Building of parks.
The net social advantage shall be maximum only at the point where (a) Social sacrifice exceeds social benefit (b) Social sacrifice equals social benefit (c) Social sacrifice is less than social benefit (d) None of these.
Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as: (a) Productive Expenditure (b) Unproductive Expenditure (c) Growth-oriented Expenditure (d) Progressive Expenditure
During depression, the nature public expenditure should be (a) Short term (b) Medium term (c) Both a and b (d) Long term
During inflation public expenditure should be (a) Increased (b) Reduced (c) Diverted towards social welfare (d) Remain constant
Public expenditure helps to remove the regional imbalances by transferring resources from (a) backward to developed region (b) developed to backward region to (c) hilly areas to plain areas (d) None of the above
The canon of Economy requires that the State should (a) spend more money (b) be economical in spending money (c) be flexible (d) None of the above
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Explanation:
choose the correct answer
Obligatory functions of the government includes (a) Provision of education (b) Establishment of hospital (c) Maintenance of peace and security (d) Building of parks.
The net social advantage shall be maximum only at the point where (a) Social sacrifice exceeds social benefit (b) Social sacrifice equals social benefit (c) Social sacrifice is less than social benefit (d) None of these.
Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as: (a) Productive Expenditure (b) Unproductive Expenditure (c) Growth-oriented Expenditure (d) Progressive Expenditure
During depression, the nature public expenditure should be (a) Short term (b) Medium term (c) Both a and b (d) Long term
During inflation public expenditure should be (a) Increased (b) Reduced (c) Diverted towards social welfare (d) Remain constant
Public expenditure helps to remove the regional imbalances by transferring resources from (a) backward to developed region (b) developed to backward region to (c) hilly areas to plain areas (d) None of the above
The canon of Economy requires that the State should (a) spend more money (b) be economical in spending money (c) be flexible (d) None of the above