What is a Government Budget? 

Explain any one objective of Government Budget. 

How can increase in foreign direct investment affect the price of foreign exchange? 

Explain the relationship between income of the buyers and demand for a good.

Give one example of “externality” which reduces welfare of the people. 

Distinguish between revenue deficit and fiscal deficit.

What are demand deposits? 

Explain the problem of double coincidence of wants faced under barter system. How has money solved it? 

Give two examples of indirect taxes. 

Distinguish between revenue expenditure and capital expenditure in Government budget. Give an example of each.