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Home/ Paras Padhalni/Answers
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  1. Asked: August 6, 2024In: Education

    Which is not the development expenditure?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 3:07 am

    Defence Expenditure is not included in development expenditure of the Central Government.

    Defence Expenditure is not included in development expenditure of the Central Government.

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  2. Asked: August 6, 2024In: Education

    What is a deficit in a budget?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 3:05 am

    A budget deficit occurs when money going out (spending ) exceeds money coming in (revenue ) during a defined period.

    A budget deficit occurs when money going out (spending ) exceeds money coming in (revenue ) during a defined period.

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  3. Asked: August 6, 2024In: Education

    What is budget deficit upsc?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 3:04 am

    About: Fiscal deficit refers to the shortfall in a government's revenue when compared to its expenditure. When a government's expenditure exceeds its revenues, the government will have to borrow money or sell assets to fund the deficit. Taxes are the most important source of revenue for any governmeRead more

    About: Fiscal deficit refers to the shortfall in a government’s revenue when compared to its expenditure. When a government’s expenditure exceeds its revenues, the government will have to borrow money or sell assets to fund the deficit. Taxes are the most important source of revenue for any government.

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  4. Asked: August 6, 2024In: Education

    How to reduce budget deficit?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 3:02 am

    A budget deficit occurs when government spending is greater than tax revenues. Reducing the deficit can be achieved by tax increases or cuts in government spending or a period of GDP growth which brings about a rise in direct and indirect tax revenues.

    A budget deficit occurs when government spending is greater than tax revenues. Reducing the deficit can be achieved by tax increases or cuts in government spending or a period of GDP growth which brings about a rise in direct and indirect tax revenues.

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  5. Asked: August 6, 2024In: Education

    Why is a deficit budget a good budget?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 3:01 am

    A budget deficit may be used to finance an expansionary fiscal policy, which involves lowering income and corporate taxes (therefore reducing revenue for the government) and increasing government spending on infrastructure and investments to attract foreign capital and boost economic growth.

    A budget deficit may be used to finance an expansionary fiscal policy, which involves lowering income and corporate taxes (therefore reducing revenue for the government) and increasing government spending on infrastructure and investments to attract foreign capital and boost economic growth.

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  6. Asked: August 6, 2024In: Education

    What is an example of a deficit?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 2:57 am

    A budget deficit occurs when a government spends more in a given year than it collects in revenues, such as taxes. As a simple example, if a government takes in $10 billion in revenue in a particular year, and its expenditures for the same year are $12 billion, it is running a deficit of $2 billion.

    A budget deficit occurs when a government spends more in a given year than it collects in revenues, such as taxes. As a simple example, if a government takes in $10 billion in revenue in a particular year, and its expenditures for the same year are $12 billion, it is running a deficit of $2 billion.

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  7. Asked: August 6, 2024In: Education

    What is meant by GNP?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 2:55 am

    Gross National Product (GNP) is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location. GNP also measures the output generated by a country's businesses located domestically or abroad.

    Gross National Product (GNP) is the total value of all finished goods and services produced by a country’s citizens in a given financial year, irrespective of their location. GNP also measures the output generated by a country’s businesses located domestically or abroad.

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  8. Asked: August 6, 2024In: Education

    What is arithmetic growth?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 2:52 am

    i) Arithmetic growth- It is the growth in which one daughter cell divides while all the other cells undergo differentiation and maturity accompanied by mitosis. The increase in growth occurs in the arithmetic progression at a constant rate. Example- elongation of stem at constant rate.

    i) Arithmetic growth- It is the growth in which one daughter cell divides while all the other cells undergo differentiation and maturity accompanied by mitosis. The increase in growth occurs in the arithmetic progression at a constant rate. Example- elongation of stem at constant rate.

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  9. Asked: August 6, 2024In: Education

    What is the national GDP?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 2:51 am

    GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.

    GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation’s overall economic health.

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  10. Asked: August 6, 2024In: Education

    What are three economic growth?

    Paras Padhalni
    Paras Padhalni Knowledge Contributor
    Added an answer on August 6, 2024 at 2:49 am

    The theory focuses on three factors that impact economic growth: labor, capital, and technology, or more specifically, technological advances. The output per worker (growth per unit of labor) increases with the output per capita (growth per unit of capital) but at a decreasing rate.

    The theory focuses on three factors that impact economic growth: labor, capital, and technology, or more specifically, technological advances. The output per worker (growth per unit of labor) increases with the output per capita (growth per unit of capital) but at a decreasing rate.

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