What is the concept of savings according to Kautilya?

1.	What is the concept of savings according to Kautilya?
Answer» According to Kautilya, after accounting for the state’s income-expenditure, the balance remaining is called savings (fund). Savings are of two types : 1. Obtained savings is that which is present and deposited in the treasury, 2. Committed saving is that which is to be deposited in the treasury.

Answer»

According to Kautilya, after accounting for the state’s income-expenditure, the balance remaining is called savings (fund).

Savings are of two types :

1. Obtained savings is that which is present and deposited in the treasury,

2. Committed saving is that which is to be deposited in the treasury.

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