Government Budget and Economy — Economics STD 12 Humanities & Commerce — Question

State any one objective of a government budget.

Will the following items be included or not in National Income of India? Give reason for your answer.
Salaries received by the Indian employees working in America embassy.

State any one feature of oligopoly.

State two conditions of a producer's equilibrium for a competitive firm.

Increase in demand often causes a rise in price, but it is not always true. Explain.

What happens to the difference between Average Total cost and Average Variable cost as production is increased? 

Will the following items be included or not in National Income of India? Give reason for your answer.
Free uniforms supplies to nurses in a hospital.

Will the following items be included or not in National Income of India? Give reason for your answer.
Payment of income tax by a production unit.

Give the meaning of money.

What causes a downward movement along a supply curve?