Which of the following is the component of a budget ........

Which of the following is the component of a budget?

Fiscal budget

Capital budget

Both of these

None of these

- Fiscal Budget:

- Refers to government's plan regarding its revenues and spending over a specific period.

- Helps manage the economy through taxation and expenditure.

- Capital Budget:

- Focuses on long-term investments and capital expenditures.

- Involves funding for infrastructure projects, equipment, or other long-term assets.

- Option: 1 - Fiscal budget: Represents one component of a budget.

- Option: 2 - Capital budget: Represents another component of a budget.

- Option: 3 - Both of these: Includes both fiscal and capital budgets as components of an overall budget.

- Option: 4 - None of these: Incorrect as both are components of a budget.

Submit Error