Social Sciences, asked by hp15god, 1 year ago

types of budgets in Economics?

Answers

Answered by Beauty1999

A budget can be of 3 types:

Balanced Budget: When government receipts are equal to the government expenditure, it is called a balanced budget.
Deficit Budget: When government expenditure exceeds government receipts, the budget is said to be deficit. .
Surplus: When government receipts are more than expenditure

Beauty1999: if you like my answer, then mark it as brainliest... please

kajalgoyal5311: Government budgeting is one of the major processes by which the use of public resources are planned and controlled to attain certain objectives . Budgetary actions of the government affect production, size, and distribution of income and utilization of human and material resources of the country. So the government should prepare a different budget of the various situations is the economy. Public expenditure should be varied according to the requirement and urgencies of the business situations

hp15god: @kajalgoyal5311

Answered by dassristi2016

A budget can be of 3 types:

1.Balanced Budget: When government receipts are equal to the government expenditure, it is called a balanced budget.
2.Deficit Budget: When government expenditure exceeds government receipts, the budget is said to be deficit. ...
3.Surplus: When government receipts are more than expenditure.

Previous Question

Next Question