Give economic terms.
(1) The expenditure which is incurred by the public authority for promoting social and economic welfare.
(2) A financial statement showing the expected receipts and proposed expenditure of the government in a financial year.
(3) A compulsory contribution to the government by a person without receiving any direct or proportionate benefit in return.
(4) Borrowings of the government from financial institutions within the country.
(5) The financial policy implemented by the government which deals with public expenditure, public revenue and public debt.
(6) The type of budget where estimated revenue and expenditure of the government are equal.
(7) The aggregate collection of income with the government through various sources.
(8) It is paid by the tax payer on his income and property.
(9) It is a category of tax which is levied at the same and constant rate on all income.
(10) Revenue received by the government administration, other than taxes.
