Question : Which of the following are the objectives of government budget?
Option 1: The allocation of resources
Option 2: Reducing inequalities in income and wealth
Option 3: Economic stability
Option 4: All of the above.
Correct Answer: All of the above.
Solution : Following are the objectives of government budget-
- The allocation of resources
- Reducing inequalities in income and wealth
- Economic stability
- Management of public enterprises
- Economic growth
- Reducing regional disparities
- Employment generation.
Hence, Option D is correct.