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Subjects

Economics

Objectives of government budget

सरकारी बजट के उद्देश्य

In Class 12 Economics, this topic explains why the government prepares a budget and how it guides the economy. Students learn about key objectives such as efficient allocation of resources, reducing income and wealth inequalities, promoting economic growth, maintaining price stability, and generating employment. As part of “Government Budget and the Economy,” the topic helps learners understand how taxation, public expenditure, and borrowing support these goals.

Practice questions

01 Why is the study of government budget important in macroeconomics?

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Answer and explanation

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