Notes and Study material for Exams
Chhattisgarh Chief Minister Raman Singh presented a Rs. 73,996 crore budget for the year 2016-17 in the State Assembly. This is hoped that the GDP of the State would remain at 7.6 per cent in the coming year. Special focus and attention was given to agriculture sector in the budget. Government have provided Rs.540 … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> In India, government expenditure – as per the provision in the Constitution – is divided into Revenue Expenditure and Capital Expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close … 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
The Indian constitution provides for a federal framework with powers (legislative ,executive and financial) divided between the center and the states. However, there is no division of judicial power as the constitution has established an Integrated Judicial System to enforce both the central laws as well as state law. The Indian federation is not the … Read more
The Governor of existing State of Andhra Pradesh may, at any time before the appointed day, authorise such expenditure from the Consolidated Fund of the State of Telangana as he deems necessary for any period not more than six months beginning with the appointed day pending the sanction of such expenditure by the … Read more
Tax -GDP ratio The following are subtopics of tax-GDP ratio: Definition Components Calculation Trends Factors affecting the ratio Impact of the ratio Policy implications The tax-GDP ratio is a measure of the amount of tax revenue collected by a government as a percentage of its gross domestic product (GDP). It is a key indicator of … Read more
Here are the subtopics of Measurers of Government Deficit: Budget deficit Cyclically adjusted budget deficit Structural budget deficit Primary budget deficit Nominal budget deficit Public Debt Net debt Maastricht deficit criterion Golden rule of public finance Sustainable budget balance A government deficit is the amount of MoneyMoney that a government spends in a given year … Read more
Here is a list of subtopics for capital expenditure: Acquisitions Capital assets Capital budgeting Capital expenditures Capital leases Capital projects Capital structure Depreciation Fixed assets Intangible assets Investing activities Long-term assets Property, plant, and equipment (PP&E) Return on InvestmentInvestment (ROI) Salvage value Tangible assets Working capital I hope this helps! Capital expenditure is a major … Read more
Here is a list of sub topics without any description for Revenue Expenditure: Administration Selling and distribution Research and development Financial charges Depreciation and amortization Provisions Other expenses Revenue expenditure is a type of expense that is incurred in the course of generating revenue. It is not an InvestmentInvestment in assets, but rather a cost … Read more
Economy Cut Motion An economy cut motion is a type of motion that is used to reduce the amount of money that is spent by the government. This type of motion is often used during times of economic recession, when the government needs to cut back on spending in order to balance the budget. There … Read more