Question

The net social advantage will be maximum only at that point where
(a) the social welfare equals the social benefit
(b) the social sacrifice exceeds the social benefit
(c) the social sacrifice is less than the social benefit
(d) none of the above
11. The canon of sanction in public expenditure implies that
(a) every government expenditure should be audited ( )
(b) no audit is required for government expenditure ( )
(c) government expenditure should be reduced ( )
(d.) None of the above ( )
12. Increase in public expenditure is not due to
(a) expansion of state activities ( )
(b) population increase ( )
(c) urbanisation ( )
(d) existence of black market ()
13. Public expenditure is a financial means to secure
(a) Capital objectives
(b) Social objectives
(c) Socialism
(d) Employment​

Answer 1

Answer:

Explanation:

Q10 . a

Q11. a

Q12. d

Q13. b