Notes and Study material for Exams
, Andhra Pradesh is a state in the southern region of India. It is the seventh-largest state by area and the tenth-largest by Population. The state has a long history of agriculture, and it is still a major contributor to the economy. However, in recent years, the state has seen a significant Growth in the … Read more
Haryana PUBLIC FINANCE and Fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and EMPLOYMENT through changes in its expenditure and taxes. The … Read more
Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) … Read more
Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision,
Current Account deficit and Unfavorable Balance of Payment Current Account Deficit The current account deficit is a measurement of a country’s trade where the value of the goods and Services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as … Read more
Gujrat PUBLIC FINANCE and Fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and EMPLOYMENT through changes in its expenditure and taxes. The … Read more
Under the Constitution the financial Resources of the State are very limited though they have to do many works of social uplift under directive principles. In order to cope with their ever-expanding needs, the Central Government makes grants-in-aid to the States. Grant- in-aid to States , through it Central Government exercises a strict control … Read more
Himachal Pradesh PUBLIC FINANCE and Fiscal Policy In public finance we study the finances of the Government. Thus, public finance deals with the question how the Government raises its Resources to meet its ever-rising expenditure. As Dalton puts it, public finance is concerned with the income and expenditure of public authorities and with the adjustment … Read more
PUBLIC FINANCE Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more
Telangana PUBLIC FINANCE and Fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of Public Administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between … Read more