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Government Budget and Fiscal Policy · Term 1

Revenue Expenditure: Components and Impact

Examining government spending that does not create assets or reduce liabilities, such as salaries, subsidies, and interest payments.

Key Questions

  1. Differentiate between plan and non-plan revenue expenditure.
  2. Analyze the impact of increasing subsidies on the government's fiscal health.
  3. Predict the consequences of high interest payments on the national budget.

CBSE Learning Outcomes

CBSE: Government Budget and the Economy - Class 12
Class: Class 12
Subject: Economics
Unit: Government Budget and Fiscal Policy
Period: Term 1

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