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When the government expenditure is more than it's revenue than the national budget is said to have a?
deficit
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
Distinguish between deficit budget and surplus budget?
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
How does a budget deficit occur?
Basically when a country spends more money than the amount of money they are receiving when EXPENDITURE is greater than INCOME Eg. If I have 60 million but I spend 80 million, I have -20million This is a deficit
What is a budget deficit?
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
Definition of budget deficit?
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
When the government expenditure is more than it's revenue than the national budget is said to have a?
deficit
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
What is the Difference between fiscal deficit and revenue surplus?
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
Distinguish between deficit budget and surplus budget?
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
How does a budget deficit occur?
Basically when a country spends more money than the amount of money they are receiving when EXPENDITURE is greater than INCOME Eg. If I have 60 million but I spend 80 million, I have -20million This is a deficit
What is the format for capital expenditure budget?
The format for capital expenditure budget is to list all the expenditure with their estimates. The cost of capital assets and expenditure must be provided.
Is Government operating balance and Budget deficit the same thing?
sorry not Budget deficit... budget balance
What is a budget deficit?
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
What is visible trade deficit?
visible trade deficit occurs when import expenditure exceeds the export revenue.
What is primary deficit in a budget?
Primary deficit=Fiscal deficit-[minus] Interest payments
