Question:

What is meant by ''Balanced'' and ''Surplus'' budget?

by Guest4514  |  12 years, 7 month(s) ago

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What is meant by ''Balanced'' and ''Surplus'' budget?

 Tags: balanced, BUDGET, meant, Surplus

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  1. Guest241
    Balance Budget>It is the type in which total revenue of the government is exactly equal to total development and non-development expenditure of the government.

    Surplus Budget>Shows that government revenue is short to its development and non-development expenditure.

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