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What is the purpose of the revenue budget?

The purpose of the revenue budget is to provide information on the sources of revenue for the Government and the... View Article

The 2 main components of revenue budget are Tax and Non Tax Revenue which are known as Revenue Receipts and... View Article

The revenue budget helps us to understand the sources from where the Government is getting their revenue. It shows tax... View Article

Applying uniform tax on a large percentage of low income earners than on high income earners is known as regressive... View Article

If two Lorenz Curves intersect, it is not possible to determine which distribution has more inequality. In the lifetime of... View Article

The Lorenz curve is applied to find the income inequality in a population. The area between the curve and the... View Article

The Y-axis represents the income, and the X-axis represents the population. The percentage of wealth or income owned by a... View Article

When the unequal distribution of income keeps increasing, the lorenz curve keeps shifting away from the line of equality. The... View Article

The Lorenz curve is important because it helps in understanding economic inequality. When the lorenz curve keeps moving away from... View Article

The Gini coefficient is used to measure income inequality across a population. It was developed by Corrado Gini, an Italian... View Article

The main difference between the Gini coefficient and the Lorenz Curve is that the Gini coefficient helps in measuring the... View Article

DBT helped in reducing leakages of funds, and removing the delays associated in transfer of funds to the beneficiaries. You... View Article

Subsidy on LPG gas cylinders cannot be availed by people whose annual income is more than Rs 10 lakhs, it... View Article

Full Form of DBT is Direct Benefit Transfer. Government has been using DBT on a regular basis since 2013, to... View Article

DBT stands for Direct Benefit Transfer and DBTL stands for Direct Benefit Transfer for LPG. Direct Benefit Transfer (DBT) was... View Article

Direct Benefit Transfer (DBT) was launched by the Government of India in January, 2013. Here the money will be directly... View Article

As per RBI, if any person is interested in availing Direct Benefit Transfer, the Aadhar number of the customers should... View Article

Yes, the Small Finance Banks are regulated by the Reserve Bank of India (RBI). Small finance banks are governed by... View Article

Earlier,State Bank of Sikkim was not not under the regulatory purview of the Reserve Bank of India (RBI). Recently, even... View Article

Some of the most popular small finance banks in India are Ujjivan Small Finance Bank, Equitas Small Finance Bank, ESAF... View Article