(I) Post and Telegraph Department is part of government Ministry.
It is fully managed, controlled and financed by the concerned
ministry. The annual budget of the ministry makes provision for
the funds needed by the Department. The ministry is answerable
to the parliament for its functioning.
(a) Name the sector under which ‘The Post and Telegraph
Department’ comes.
(b) Name the kind of organisation it is and also the concerned
ministry.
(c) How are the revenues of department treated?
(II) Give the difference between statutory corporation and
departmental undertaking.
Answers
Answer:
In the diagram, income is measured horizontally and consumption is measured vertically. ... “Thus the consumption function measures not only the amount spent on consumption but also the amount saved. This is because the propensity to save is merely the propensity not to consume.In the diagram, income is measured horizontally and consumption is measured vertically. ... “Thus the consumption function measures not only the amount spent on consumption but also the amount saved. This is because the propensity to save is merely the propensity not to consume.In the diagram, income is measured horizontally and consumption is measured vertically. ... “Thus the consumption function measures not only the amount spent on consumption but also the amount saved. This is because the propensity to save is merely the propensity not to consume.