Borrowings and recovery of loans
Categorize the borrowings and recovery of loans into capital and revenue receipts of government budget. Give reason too.
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Answer: Borrowings are capital receipts since the government is beneath obligation to return the amount all along with interest therefore it creates liability for government. Recovery of loans is as well capital receipts since such decrease assets of the government.
10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency? Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50
The demand for a resource will increase if the
Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
When cost of a foreign currency increases its supply too increases. Elucidate why?
Question: Changes in currency supply and demand can be traced back to changes in fundamental supply and demand in foreign and domestic i._____________________ markets and foreign and domestic ii.___________________
Describe Aggregate Expenditure model and also state AD/AS model?
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Illustrate, why is tax not a capital receipt?
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
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