CHAPTER 7

Question 1

ALLOCATION FUNCTION

Answer 1

JAISA HONA CHAAYEI WAISA HO JAAYE
TO KEHTE HAI RESOURCES BHADIYA TARIKE SE ALLOCATE HUE HAI

Question 2

how government can khudse change demand and supply

Answer 2

incentives to increase the production
or high tax to lower the production

Question 3

government redistribution function

Answer 3

by providing subsidies
(on poor )
and putting high tax
( on rich)

Question 4

EXPANSIONARY FISCAL POLICY MEI SARKAAR KYA KAREGI???

Answer 4

TAX KAM
GOVERNMENT EXPENDTIURE BADAKE DEMAND INCREASE KARWA DEGI

Question 5

EXPANSIONARY FISCAL POLICY
CONTRACTIONARY FISCAL POLICY

Answer 5

DEFLATION( TAX –,GOVERNMENT EXPENDITURE +)
INFLATION ( TAX +, GOVERNMENT EXPENDITURE–)

Question 6

DEVELPOMENT OR GROWTH OF THE COUNTRY

Answer 6

ALLOCATON FUNCTION

Question 7

AMMERI GAREEBI KE BEECH KA GAP KAM KARNE WALA FUNCTION

Answer 7

REDISTRIBUITION FUNCTION

Question 7

MARKET FAILURE KAHA NAHI AAAYEGA

Answer 7

PERFECT COMPETION MEI

Question 8

POLLUTION TAX

Answer 8

AC PIGOU OR PIGOU TAX

Question 9

ISURANCE WALA SCENE IN INCOMPLETE INFORMATION (LAAPARWAAHI)
BUYER >SELLER
KNOWLDGE

Answer 9

MORAL HAZARD

Question 10

BUDGET KE DO PART HOTE HAI

Answer 10

(PART A) MACRO ECONOMIC CONDITIONS OF THE COUNTRY RN
(PART B) DEVELOPMENT MEASURES AND FUTUTRE POLICIES

Question 11

SECOND HAND CAR INDUSTRIES
SELLER > BUYER
KNOWLDGE

Answer 11

ADVERSE SELECTION

Question 12

FRBM

Answer 12

FISCAL RESPONSIBILITIES AND BUDGET MAKING

Question 13

GULLOTINE

Answer 13

LAST DAY VOTING
( IF NO FINAL DECISION IS THERE)

Question 14

RAILWAY BUDGET + UNION GOVERNMENT BUDGET TOGETHER ON

Answer 14

1ST FEBRUARY

Question 15

CROWDIN OUT KE TIME PE
( JAB LOG INVESTMENT KARNE SE DARTE HAI )

Answer 15

GOVERNMENT KI EXPANSIONARY FISCAL POLICY KAAM NAHI KARTI HAI

Question 16

FISCAL DEFICITS =

Answer 16

TOTAL EXPENDITURE- TOTAL RECEIPTS (excluding borrowings)

Question 17

PRIMARY DEFICIT

Answer 17

FISCAL DEFICITS- INTEREST PAYMENTS