Categorize the following items into Revenue and Capital Expenditure.
Statement-Purchase of Metro coaches from Japan.

Categorize the following items into Revenue and Capital Expenditure.
Statement-Amount borrowed from USA repaid.

Categorize the following items into Revenue and Capital Receipts. Statement-Corporation tax.OR
Statement-Income tax received by government.

What is primary deficit?

Economic growth means increasing per capita income over a period of time. Economic growth objective of the government budget depends on:

1. Profit maximisation.
2. Rate of savings and investment.
3. Fair distribution of income.
4. Removal of poverty.

Categorize the following items into Revenue and Capital Expenditure.
Statement-Amount spent on construction of Bridges.

In a government budget, revenue deficit is Rs. 50,000 crores and borrowings are Rs. 75,000 crores. How much is the fiscal deficit?

Categorize the following items into Revenue and Capital Expenditure.
Statement-Expenditure incurred on administrative and defence services.

Define surplus budget.

Categorize the following items into Direct and Indirect Taxes.
Statement-Excise duty.