Who of the following favoured the concept of balanced budget?(A) Adam – InterviewSolution

InterviewSolution

1.	Who of the following favoured the concept of balanced budget?(A) Adam Smith(B) Marshall(C) Keynes(D) Hicks
Answer» Correct option is (A) Adam Smith

Discussion

No Comment Found

Related InterviewSolutions

What is federal finance?
Explain federal finance.
What is fiscal deficit?
Explain briefly fiscal deficit.
State two non-plan expenditure of the central government.
State the functions of panchayats that lead to their expenditures.
What do you mean by developmental and non-developmental expenditures?
The credit side of the budget records ________(A) Current income(B) Revenue expenditure(C) Capital income(D) Both (A) and (C)
Since ________ the expenditure of central government is classified into plan and non-plan expenditures.(A) 1991(B) 2001(C) 2016(D) 2013
Which of the following is a demerit of deficit budget?(A) It shows that the governments do not have control on expenditures.(B) Governments borrow more and increase debts.(C) People are made to pay more taxes to enhance government incomes.(D) Both (A) and (B)