'Free distribution of LPG connection to poor people is a sign of social justice'. Identify the 'Objective of Government Budget' from the above mentioned statement (Choose the correct alternati (a) Promote Economic Growth (b) Management of public enterprises (c) Create equitable distribution of income (d) Create fluctuation in revenue of the government

To control prices, economic stability in maintained by government through changing direction of its revenue and expenditure in budget. To check inflation Government initiates to reduce the level of aggregate...

Revenue from Operations

Government budget

No, there is an unequal distribution of income and wealth in the country, that’s why India has adopted a progressive taxation policy. The government formulated many welfare policies to raise...

Disinvestment.  A disinvestment is an act of selling shares of sick public sector units to the private sector. Eg. Disinvestment of Maruti, ITDC hotels, VSNL, etc.

Yes, I do agree with the statement.  17 industries were reserved for the public sector under the Industrial Policy of 1956.  But in NEP – 1991, the number of public sector industries...

Legal justice is the application of the abstract concept of justice through the implementation of the law. Justice is a precondition to the law as, without it, the law may...

Cash Flow Statement is prepared to determine the cash flows of an enterprise during a specific period from its Operating, Investing and Financing Activities.