Deficit Financing : Meaning, Purposes and Uses – Fiscal Policy Class 12
 Deficit Financing:    Deficit financing means generating funds to finance the deficit which results from excess of expenditure over […]
 Deficit Financing:    Deficit financing means generating funds to finance the deficit which results from excess of expenditure over […]
 Public Debt:   Now a day public expenditure has increased in the view of increasing activities of the government.
Public Expenditure : Public expenditure  refers to the expenses incurred by the public authorities – central government, state government and local
Public Revenue: Â Â “Income of the government from all its sources is called public revenue.” Â Â It includes income from
 Public Finance : Public finance is the study of the income and expenditure of public authorities.   Here, the
 Determination of Exchange Rate in Free / Flexible Rate System: In a system of flexible exchange rate, the exchange rate
Foreign Exchange Rate: Meaning of Exchange Rate: The currency of one country is generally accepted within the boundary of
Balance of Payments Disequilibrium : Balance of Payment disequilibrium refers to an imbalance in balance of payment due to
What is Balance of Payments ? All the countries in the world trade with each other. Each country
Investment Multiplier: The concept of investment multiplier suggests that the increase in investment will lead to income