The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as

The controlling authority of government expenditure is :

Which of the following statements about non-plan expenditures of the Central Government is correct?

Which one among the following items comprises the major portion of revenue expenditure of the Union Government of India?

Suppose the revenue expenditure is ₹80,000 crores and the revenue receipts of the Government are ₹60,000 crores. The Government budget also shows borrowings of ₹10,000 crores and interest payments of…

Consider the following statements: I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestment are capital receipts. III. Interest re…