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Budget — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsBudget2 Marks
Question
What is Surplus Budget ?
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Answer

  • A budget in which estimated income is more than estimated expenditure is called surplus budget.
  • This type of Budget is found in Developed countries.
  • In general when economy is trapped in extreme inflation then to bring it in normal situation surplus budget is presented.

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