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Ask QuestionPosted by Abhishek Sharma 5 years, 11 months ago
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Posted by Abhishek Sharma 5 years, 11 months ago
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? Sw@Stika Sharm@ !!??️ 5 years, 11 months ago
Posted by Gurdeep Singh 5 years, 11 months ago
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Posted by Abhishek Sharma 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
| Basis | Capital Expenditure | Revenue Expenditure |
| Meaning | <div>Expenditure incurred to increase the </div> <div>earning capacity of business.</div> | <div>Expenditure incurred to maintain the</div> <div>earning capacity of business.</div> |
| Objective | <div>To acquire fixed assets for conduct of </div> <div>business</div> | To conduct day to day business activities |
| Benefit Period | Availed for more than a year | Availed for one year |
| Disclosure | Asset side of Balance Sheet | Debit side of Trading and P&L Account |
| Nature | Non-recurring Nature | Recurring Nature |
Posted by Abhishek Sharma 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
The receipts which neither create any corresponding liability for the government, nor create any reduction in asset, is termed as revenue receipts, e.g. tax receipts of the government. The receipts which either create corresponding liability for the government or which lead to reduction in assets of the government, is termed as capital receipts, e.g. loans taken by the government, disinvestment of any public sector undertakings, etc.
Posted by Abhishek Sharma 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
A government budget is a year-long country’s financial report explaining item-wise calculations of future revenue and expenditure. The budget explains what the income and expense of a nation is.
Objectives of Government Budget
- Reallocation of Resources – It helps to distribute resources keeping in view the social and economic advantages of the country. The factors that influence the allocation of resources are.
- Allowance or Tax concessions – The government gives allowance and tax concessions to manufacturers to encourage investment.
- Direct production of goods and services – The government can take the production process directly if the private sector does not show any interest.
- Minimize inequalities in income and wealth – In an economic system, income and wealth inequality is an integral part. So, the government aims to bring equality by imposing a tax on the elite class and spending extra on the well-being of the poor.
- Economic Stability – The budget is also utilized to avoid business fluctuations to accomplish the aim of financial stability. Policies such as deficit budget during deflation and excess budget during inflation assist in balancing the prices in the economy.
- Manage Public Enterprises – Many public sector industries are built for the social welfare of the people. The budget is planned to deliver different provisions for operating such business and imparting financial help.
- Economic Growth – A country’s economic growth is based on the rate of investment and saving. Therefore, the budgetary plan focuses on preparing adequate resources for investing in the public sector and raise the overall rate of investments and savings.
- Decrease regional differences – It aims to diminish regional inequalities by implementing taxation and expenditure policy and promoting the installation of production units in underdeveloped regions.
Posted by Abhishek Sharma 5 years, 11 months ago
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? Sw@Stika Sharm@ !!??️ 5 years, 11 months ago
Gaurav Seth 5 years, 11 months ago
Intermediate goods
(i) The goods which are used up in producing the final goods and services.
(ii) The value of intermediate goods is not included in the national income.
(iii) Example, flour, cotton, etc.
Sunil Sahu 5 years, 11 months ago
Posted by Abhishek Sharma 5 years, 11 months ago
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Ishant Sharma 5 years, 11 months ago
Posted by Abhishek Sharma 5 years, 11 months ago
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Vipin Chauraisiya Ji 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
Price determination of a commodity is a subject matter of microeconomics.
Posted by Anand Puri 5 years, 11 months ago
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Anand Puri 5 years, 11 months ago
Charu Sharma 5 years, 11 months ago
Charu Sharma 5 years, 11 months ago
Arun Singh 5 years, 11 months ago
Vipin Chauraisiya Ji 5 years, 11 months ago
Posted by Sunita Gupta Gupta 5 years, 11 months ago
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Vipin Chauraisiya Ji 5 years, 11 months ago
Vivek Dutt?? 5 years, 11 months ago
Posted by Sukhraj Singh 5 years, 11 months ago
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Vipin Chauraisiya Ji 5 years, 11 months ago
Gaurav Seth 5 years, 11 months ago
APC can be zero only when consumption becomes zero. However, consumption is never zero at any level of income. Even at zero level of national income, there is autonomous consumption (C ).
Posted by Anmol Singh 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
National Income It is sum total of factor incomes accruing to the normal residents of a country.
Posted by Mahesh Saini 5 years, 11 months ago
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Akshita Singh 5 years, 11 months ago
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Utkarsh Pathak 5 years, 11 months ago
Yogita Ingle 5 years, 11 months ago
Less educated persons take what ever the job they find interesting and work hard on the job by that way they make their ends meet.
While Educated person finds increasingly difficult to find their suitable job due to various reasons like most of the Educational institutions are not skilled enough to produce good quality workers.
On the other hand Government of India which promised job creation didn’t do much to create jobs for the educated youths of India
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Yogita Ingle 5 years, 11 months ago
Fixed investment In a specific time period (generally in an accounting year), the increase in the stock of fixed assets of the producers is termed as fixed investment.
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