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CBSE Class 12-commerce Macroeconomics Government Budget and its Objectives

What are the objectives of the government’s budget? Learn about it Measures from the CBSE Class 12 Commerce Economics chapter The Government Budget and the Economy by referring to our revision notes, sample papers, past year papers etc. at TopperLearning.

The budget, which gives a statement of the receipts and expenditure of the government, is divided into the revenue budget and capital budget to distinguish between current financial needs and investment in the country’s capital stock. . The three functions of allocation, redistribution and stabilisation operate through the expenditure and receipts of the government.

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