Question

calculate the value of budget if the total budgetary receipts of the government are rs 1600 crores and total expenditure are 1800

Answer 1

The value of the government's budget is calculated by subtracting total expenditures from total receipts. In this case, there is a budget deficit of Rs 200 crores.

Step-by-step explanation:

To calculate the value of the budget, we need to determine whether the government has a surplus or a deficit. If the government's total budgetary receipts are less than its total expenditures, it runs a budget deficit. If receipts are greater, it has a surplus. Given the total budgetary receipts of the government are Rs 1600 crores and the total expenditures are Rs 1800 crores, we can calculate the budget value.

The budget value equals total receipts minus total expenditures:

Budget = Receipts - Expenditures

Budget = Rs 1600 crores - Rs 1800 crores

Budget = Rs -200 crores

Thus, the government runs a budget deficit of Rs 200 crores.