Government Budget | One shot | Class 12 | Covering PYQ'S

Government Budget | One shot | Class 12 | Covering PYQ'S

For
PYQ’S

[LEGEND-eufr]

Objectives of Government Budget ( GAREEB)
G - GDP growth
A - Allocation of resources
R - Redistribution of income and welath
E - Economic Stability
E - Employment Opportunities
B - Balanced regional Growth
Hope it helps.

[_AM_LOFI_]

May all viewers get 95%+ with rajat sir economics strategy
Edit - Guys itna sara commentsi ap log bhi rajat sir ko follow kro aur fod do All the best 💓

[ritukothari]

Learn objective of gov.budget
"Agree"
A-allocation of resources.
G-gdp growth.
R- redistribution of income and wealth
E-employment opportunity
E-economic stability.

[anushkajaiswal]

the fact that sir keeps humanities and sci children in mind while teaching eco is soooo thoughtful <3

[khanzafar]

Sir, aap shuru Mai to bht explain krke padhaty hai lekin last aaty aaty itni jldi jldi padhaty hai ki smjh hi nhi aata sir aap jaise shuru Mai padhaty h waise hi araam se last Mai bhi smjhaya kriye.... Yakeen hai aap mera ye message dekhy aur jaise sbki batain maanty hai meri bhi maany


Thank you

[anshi.]

Your videos are so good i am preparing for cseet pr dusre teacher ka smjh nhi aa raha tha to it reminds me of you thanks your video helped me a lot🙏

[shalvisingh]

I have seen many channels who teaches economics but they focus only on the commerce student like they say " ye aapne pehle hi accounts yaa any other subject me padh liya hoga" but you are blessing for the student like me who comes from humanities background and because of you only I started having interest in Economics . Thank you so much sir ❤️

[AmanThakur-cdko]

You can learn objective of budget by short form ----

REMBER
1. Reallocation of Resources
2. Economic Growth
3. Manging Public Enterprises
4. Balancing Regional Growth
5. Economic Stability
6. Reducing Income Inequalities

[theking]

Objective of govt. Budget
1 allocation of resources
2 reducing inequality in income and wealth
3. Economic stablity
4 Management of public enterprises
5. Economic growth

[AKASHYUVAVARTA]

Hi sir this is AKASH
I am writing to you 1st time but learning from you since 2 years 11&12 std
You are a fabulous teacher all my friends learn from you, , , even if we don’t understand any concept at school we all be tension less as we know that we will understand from our RAJAT BRO…and hum dusro ko bhi shanti dete hai ki “HAMARA RAJAT BHAI HAI NA” many friends don’t understand hindi so much (in south) but they watch you as your way of teaching has broken all language barriers…
This message was just to encourage you sir & to THANK YOU as we are going to move further after boards but are small brothers & sisters will make new relation with you “YEH RISHTA KYA KEHELATA HAI”🤣 and continue to study from you because you are the BEST……

[owlshortz]

Code word for objective
RE RE RE M
R-:reallocation of resources
E:- economic stability
R-: reducing inequality in income
E-: Economic growth
R:-reducing regional disparities
E:- employment generation
M:- Management of public enterprise

[vsfn]

Government budget
Annual statement
Estimated
a) receipts ( liab)
b) expenditures ( asset )
For a fiscal year.

Budget elements:
1. Revenue budget

Revenue receipts

1. Neither create a liability nor reduce any asset of the govt.
2. Recurring
3. No future obligation to return
4. Examples tax revenue, non tax revenue.

Revenue expenditures
1. Neither creates any asset nor reduces any liability of the govt .
2. Recurring
3. The purpose is normal functioning of government.
Examples salaries, bonus, pension.



2. Capital budget

Capital receipts

1. Either create a liability or reduces any asset of the govt .
2. Non - recurring
3. Future obligation may be present
4. Examples borrowings, recovery of loan, disinvestment, etc .

Capital expenditures
1. Either creates any asset or reduces any liability of the govt.
2. Irregular/ non recurring
3. To create an asset .
Examples construction of dam, bridges, school, hospital, etc.

[vsfn]

Revenue receipts

1. Direct taxes
1. Incomes and property of individuals and company
2. Burden cannot be shifted
3. Progressive in nature.
4. Limited coverage.
Examples income, wealth tax.

Indirect taxes
1. Goods and services
2. Burden can be shifted
3. Proportional in nature.
4. Wider coverage
Examples GST.

[insanegamer]

Congratulations rajat sir for 2 million and always keep your support with us .. we will definitely score above 95%✌️

[manishakumari-xerx]

Sir aapke jaisa teacher Aaj ke date mein milna mushkil hai.
Aap iss kalyug ke pashuram ji hain sir
Bolo jai Rajat Arora sir ki jai🙏🏻🙏🏻

[aclisis_ff]

Objectives of govt. budget ....
("RRR MEE") South film hai
R- Reallocation of resources
R- Reducing inequalities in income and wealth
R- Reducing regional disparities
M- Management of public enterprises
E- Economic stability
E- Economic growth

[arshgrewal]

Objectives pf gov.budget
•GDP growth
•Allocation of resources
•Provision of public goods
•Redistribution of income and weath
•Economic stability
•Balanced regional growth
•Employment opportunities
components: 1) receipts - capital receipts and revenue receipts 2) expenditure- capital expenditure and revenue expenditure
Revenue means which do not create any liability and does not lead to reduction in assets . capital refers to which leads to change in liability and reduction in assets
T¥¶€s: receipts : income tax, gst,gidt tax, excise duty...non tax receipt: fees, fine, donations, charity

[shilpakhedekar]

Aache tarah se samaj me aa gaya sir...☺school ke teacher se bhi aacha padhai aapne thank you so much sir....💗💗

[shriyabansal]

Sir watching your video makes me feel like even if I hadn't study at all but still I find it easy and scoring
Thank you Sir ❤️
Happy wishes from me 🙂

[Artist_realm]

Your teaching skills are soo good ... Like after taking lessons from my poor school teacher when I see your videos I can crearly see the difference. . Even I don't have to replay several times through the same topic... One go makes it so easy to thankful I am... ❤