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Budget — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsBudget2 Marks
Question
Which types of estimates are shown in Budget ? Why ?
✓

Answer

  • Two types of Budget are presented with respect to income and expenditure in Budget
  • Revised Estimates,
  • Budgetary estimates. Revised Estimates gives the real situation of current year's income and expenditure.
  • On this basis what type of changes will arise in coming year, that information can be known from Budgetary Estimates.

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