In case of deficit budget when the deficit are covered through taxes that budget is called:

CA Foundation · Business Economics · MTP · September 2025
In case of deficit budget when the deficit are covered through taxes that budget is called:
(A) A. Unbalanced budget
(B) B. Surplus budget
(C) C. Balanced budget
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Balanced budget

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic