Which budget is useful in controlling inflation
1-Surplus Budget
2-Deficit budget
3-Balanced budget
4-None of the above
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3-Balanced budget
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Ishana12:
sry but i got the answer it is Surplus Budget
please describe it
i belongs to Odiya medium im sry i hve answer in odiya......
you can use. translater my dear
Surplus Budget refers to a situation which government's expenditures are less than govt revenues.This is a good policy to reduce the liquidity & hence demand and inflation,however surplus budget can't be presented in developing countries like India due to low level of development
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