Write a note on public debt.
Introduction: Public debt, also known as government debt or national debt, refers to the total amount of money that a government owes to external creditors and domestic lenders. It is the result of the government
explain the heads of expenditure of central govt.
Introduction: Public expenditure is expenditure which is incurred by the government for its own maintenance and for prevailing the economic and social welfare of the people. Modern governments have to perform complex functions due to
Explain the sources of central govt. revenue.
Introduction: The income of the government through all it sources is called public income or public revenue .The need for rising revenue arises from the necessity of increasing public expenditure the following are the various