Which of the following refers to government spending on goods and services?

The main objective of public expenditure is to

Which of the following is an example of revenue expenditure?

Taxes and non-tax receipts together form

Non-tax revenue of the government includes

The principle of “Maximum Social Advantage” was given by

Which of the following is a direct tax?

The difference between total expenditure and total revenue of the government is known as 

Expenditure on education, health, and social welfare is called

When government expenditure exceeds its revenue, it results in