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One of the two components of government budget are
Revenue budget
Investment budget
Income budget
Expenditure budget
- Option 1: Revenue budget
- This includes all money the government receives.
- It covers taxes, duties, and grants.
Correct Answer.
- Option 2: Investment budget
- This option is not commonly recognized in public budget components.
- Governments may invest, but it is usually under expenditure.
- Option 3: Income budget
- This is not a standard term in government budgeting.
- It usually refers to private or corporate budgets.
- Option 4: Expenditure budget
- This includes all money the government spends.
- It's for services, infrastructure, and social programs.
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