Question : Which objective of government budget is highlighted here?
Government provide tax rebate and incentives which stimulate savings and investment in the economy. This implies a sustainable increase in the real GDP.

Option 1: Management of public enterprises

Option 2: Economic growth

Option 3: Reducing regional disparities

Option 4: Employment generation

Question

Question : Which objective of government budget is highlighted here?
Government provide tax rebate and incentives which stimulate savings and investment in the economy. This implies a sustainable increase in the real GDP.

Option 1: Management of public enterprises

Option 2: Economic growth

Option 3: Reducing regional disparities

Option 4: Employment generation

Team Careers360 · Accepted Answer

Correct Answer: Economic growth

Solution : Under economic growth, Government provide tax rebate and incentives which stimulate savings and investment in the economy. This implies a sustainable increase in the real GDP. There is an increase in the volume of goods and services produced in the economy.
Hence Option B is correct.

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Question : Which objective of government budget is highlighted here?
Development of infrastructure facilities enhances the production activity of different sectors of the economy. This implies a sustainable increase in the real GDP.

Question : Which objective of government budget is highlighted here?
Budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help.

Question : Which objective of government budget is highlighted here?
The taxation and government spending helps to Set up production unit in the economically backward areas.

Question : Which objective of government budget is highlighted here?
Investment in infrastructure projects helps to create job opportunities for different sections of the society. In the urban areas various schemes like MNREGA, SJSRY, etc takes place.