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Today which topic do you all want to .You have to choose from the following. 1 .Objectives of Govt budget 2.Function of Central Bank .3.limitations of barter system. .... I will tell you in a very easiest way. If u want comment below.

Posted by Syed Khabib 5 years, 10 months ago

CBSE > Class 12 > Economics

9 answers

Syed Khabib 5 years, 10 months ago

5 .Employment opportunities -By its revenue and expenditure policy the govt focus on generation of employment opportunities through investment in public industries .For this the govt incurred huge expenditure on the development of rural areas for giving 100 days guarantee employment under the scheme of MNREGA to the porrer sections of the society. ??.

2Thank You

Syed Khabib 5 years, 10 months ago

4.Management Public Enterprise - There are large no of public sector industries which are established and managed for social welfare and public interest like Railways , post offices, Electricity, etc. **These social welfare activities are operated through budget *The main motive of these enterprise is not to earn profit . * Those public sector enterprise which are suffering from loss that type of enterprise sales by the govt which is called disinvestment.

2Thank You

Syed Khabib 5 years, 10 months ago

3.Economic stability - Govt budget is used as an important policy instrument to correct the situation of inflation and deflation also to achieve the objective of economic stability . **Govt expenditure and taxes help in fighting price fluctuations because these fluctuations affect the economy badly. **To correct the situation of inflation govt can bring down the expenditure or cut in subsidies. **To correct the situation of deflation govt increase its own expenditure or reduce tax and providing subsidies **This function is also known as Stabilisation function.

2Thank You

Syed Khabib 5 years, 10 months ago

Objectives of Govt Budget - 1 .Reallocation of Resources - It refers to change in direction of resources from one use to another. Through its budgetary policy govt aims to reallocate the resources with the view to balance the goal of profit maximisation and social welfare. Government can influence allocation of resources through : ***Tax concession or subsidies :To incorage the investment govt gives tax concession also subsidies to the producers.Govt in courage the use of khadi products by providing subsidies. **Govt impose heavy tax on the production of harmful consumption goods like wine ,cigarettes etc. ***Directly producing goods and services -If private sector does not take initiative in certain activities ghen govt directly controls them like water supply , sanitation etc.

2Thank You

Yukti Katariya 5 years, 10 months ago

Obj. Of govt. Budget

1Thank You

Sakshi Chahar 5 years, 10 months ago

Okk, don't worry firdt of all take care then after anything

1Thank You

Syed Khabib 5 years, 10 months ago

I am suffering from fever so there is some delay can take place but tonight i will try to give u notes

1Thank You

Shivangi Goel 5 years, 10 months ago

Objectives of gov budget

1Thank You

Sakshi Chahar 5 years, 10 months ago

Ibjectives of govt.budget

1Thank You

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