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Budget Basics (in Hindi)
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This lesson explains the Budget Basics.

Tanya Bhatia is teaching live on Unacademy Plus

Tanya Bhatia
Topper in 12th Cbse, JRF holder, Assistant Professor in Satyawati DU Expert in NET for Economics.Teaching is work of heart❤❤❤

U
Unacademy user
ma'am I missed your plus course. so plz upload all budget topics
Thanku so much mam aap bhut achhe se samjhati h aur sare doubt v clear hp jate h
madam your voice was not clear in this topic
  1. PUBLIC BUDGET BY TANYA BHATIA


  2. BUDGET A Budget is the statement of the financial plan of a government .lt indicates the revenue and expenditure of the last completed financial year, the probable revenue and expenditure estimates for the current year,


  3. REVENUE RECEIPTS Revenue receipts refer to those receipts which neither create any liability nor cause any reduction in the assets of the government. Two sources of Revenue Receipts- . Tax Revenue 2. Non-Tax Revenue


  4. TAX REVENUE 1. DIRECTTAXES-EXAMPLE INCOMETAX WEALTH TAX,ETC Z.INDIRECTTAXES -EXAMPLECUSTOM DUTY, SERVICETAXETC.


  5. NON - TAX REVENUE I. Interest .Profits and Dividend 3. Fees 4. License fees 5. Fines and Penalties 6. Escheats 7. Gifnts and Grants


  6. CAPITAL RECEIPTS 1.Either creates a liability .Reduction in assets


  7. CAPITAL RECEIPTS .BORROWINGS L.RECOVERY OF LOANS 3 OTHER RECEIPTS


  8. REVENUE EXPENDITURE REVENUE EXPENDITURE REFERS TO THE EXPENDITURE WHICH NEITHER CREATES ANY ASSET NOR CAUSES REDUCTION IN ANY LIABILITY OF THE GOVERNMENT EXAMPLES: PAYMENT OF SALARIES, PENSIONS, INTERESTS, EXPENDITURE ON ADMINISTRATIVE SENDEES, DEFENCE SERVICES, HEALTH SERVICES, GRANTS TO STATE, ETC.


  9. CAPITAL EXPENDITURE CAPITAL EXPENDITURE REFERS TO THE EXPENDITURE WHICH EITHER CREATES AN ASSET OR CAUSES A REDUCTION IN THE LIABILITIES OF THE GOVERNMENT EKAMPLES: LOAN TO STATES AND UNION TERRITORIES, EXPENDITURE ON BUILDING ROADS, FLYOVERS. FACTORIES, PURCHASE OF MACHINERY ETC, REPAYMENT OF BORROWINGS, ETC.


  10. TYPES OF DEFICITS BUDGET DEFICIT TOTAL EXPENDITURE-TOTAL RECEIPTS REVENUE DEFICIT= REVENUE EXPENDITURE-REVENUE RECEIPTS FISCAL DEFICIT TOTAL EXPENDITURE TOTAL RECEIPTS EXCEPT BORROWINGS PRIMARY DEFICIT FISCAL DEFICIT-INTEREST PAYMENTS EFFECTIVE REVENUE DEFICIT-= REVENUE DEFICIT-GRANTS FOR THE CREATION OF CAPITAL ASSETS MONETIZED FISCAL DEFICIT THAT PART OF THE FISCAL DEFICIT COVERED BY BORROWING FROM THE RBI.


  11. UNION BUDGET 2018-19 KUSUM SCHEME-THE KUSUM (KISAN URJA SURAKSHA EVAM UTTHAAN MAHAABHIYAN) WILL BE IMPLEMENTED IN JULY. UNDER THIS SCHEME FARMERS WOULD BE PROVIDED WITH SOLAR WATER PUMP OPERATION GREENS-TOMATO, ONION AND POTATO. BAMBOO MISSION-BAMBOO IS'GREEN GOLD'. WE REMOVED BAMBOO GROWN OUTSIDE FOREST AREAS FROM THE DEFINITION OF TREES. NOW, I PROPOSE TO LAUNCH A RESTRUCTURED NATIONAL BAMBOO MISSION WITH AN OUTLAY OF RS 1290 CRORE TO PROMOTE BAMBOO SECTOR IN A HOLISTIC MANNER," FINANCE MINISTER ARUN JAITLEY SAID


  12. Q1-WHICH OF THE FOLLOWING IS RELATED TO THE OPERATION GREEN MISSION? A. PRODUCTION OF TOMATO, ONION AND POTATOES B. PRODUCTION OF TOMATO, CHILI AND POTATOES . C. PRODUCTION OF PULSES, ONION AND POTATOES D. PRODUCTION OF TOMATO, PULSES AND RICE


  13. Q4. THE BUDGET WAS FORMALLY INTRODUCED IN INDIAN: e A. 1860 B. 1947 0.1950 D.1868


  14. Q5-FISCAL DEFICIT IN BUDGET 2017-18? 3.3 3.2 3.5 3.7


  15. SURPLUS OR DEFICIT eSURPLUS RECEIPTS>EXPENDITURE DEFICIT-EXPENDITURE>RECEIPTS


  16. WHICH BUDGET HAS GIVEN THE HIGHEST EVER ALLOCATION FOR MGNREGA? A. BUDGET 2016 B. BUDGET 2015 . C. BUDGET 2011 D. BUDGET 2014