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Economics: Macroeconomics Part I
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Economics: Macroeconomics Part I
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Economics · Class 12Government Budget and the EconomyVideo coming soonRead the notes instead
Free notes for this chapterMark as Completed
Objectives of the Budget, Revenue and Capital Receipts, Revenue and Capital Expenditure and the board questions built on them — roughly 6 marks of the paper.
What this chapter covers
- 1Objectives of the Budget
- 2Revenue and Capital Receipts
- 3Revenue and Capital Expenditure
- 4Types of Deficit
- 5Implications of Fiscal Deficit
These lessons are being recorded. The written notes for this chapter are free to download now.
Learning resources
Seedha Notes
Chapter notes withimportant points,examples & format
View Notes for Government Budget and the Economy, EconomicsPractice Questions
Important questions,board questions,numericals
Practice Now for Government Budget and the Economy, EconomicsPrevious yearquestions withfull solutions
View PYQs for Government Budget and the Economy, EconomicsSample Paper
Board patternsample paper withmarking scheme
Open Paper for Government Budget and the Economy, Economics
In the notes
Topics covered
- 01Objectives of the Budget11:19
- 02Revenue and Capital Receipts21:10
- 03Revenue and Capital Expenditure14:24
- 04Types of Deficit9:23
- 05Implications of Fiscal Deficit10:00
After this chapter you can
- Explain objectives of the budget without reading from the book
- Present revenue and capital receipts in the format the marking scheme rewards
- Attempt every previous year question set on this chapter
- Marks
- 6
- PYQs
- 12
- Video
- 1h 6m
Then do the work
- One-shot revision, 17 minutes
- Format sheet for this chapter
- Printable summary, 2 pages
Prepare
| Year | Asked as | Marks |
|---|---|---|
| 2025 | Short answer | 2 |
| 2024 | Long answer | 4 |
| 2023 | MCQ set | 6 |
| 2022 | Case based | 2 |
| 2021 | Short answer | 4 |
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Move through Economics
Follow the Seedha path
Target 95+ in Economics
Padho, Likho, Revise and Marks Laao. Chapter 5 of 14 — keep going while the format is fresh.