Question

Explain 3 structures of budget

Answer 1

Answer:

Depending on the feasibility of these estimates, budgets are of three types -- balanced budget, surplus budget and deficit budget. A government budget is said to be a balanced budget if the estimated government expenditure is equal to expected government receipts in a particular financial year.

Answer 2

The basic structure of government budget is almost at the same level of government but item expenditure and sources of an revenue differ from the budget to budget. it give item wise detail of government reciptes and expenditure four three consecutive year'si. e, Actual for the preceding year.. '