NextQ14

(i) Study the following chart carefully and analyse the changing trends in the government expenditure on : (I) Agriculture and Allied Activities (II) Transport TREND OF MAJOR ITEMS OF EXPENDITURE (in Rs. lakh crore) (ii) Distinguish between 'Revenue deficit' and 'Primary deficit'. Classify the following as Revenue receipts or Capital receipts. Give valid arguments in support of your answer : (i) Interest received on loan. (ii) Disinvestment receipts from the sale of a government company. (iii) Financial assistance by the Government of USA for promoting girl education in India.

Question 13

Classify the following as Revenue receipts or Capital receipts. Give valid arguments in support of your answer : (i) Interest received on loan. (ii) Disinvestment receipts from the sale of a government company. (iii) Financial assistance by the Government of USA for promoting girl education in India. (i) Study the following chart carefully and analyse the changing trends in the government expenditure on : (I) Transport (II) Rural Development TREND OF MAJOR ITEMS OF EXPENDITURE (in Rs. lakh crore) (ii) Distinguish between ‘fiscal deficit’ and ‘revenue deficit’.

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