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Telangana Budget

Telangana Open School (TOSS) · Class 12 · Economics

Quick revision notes for Telangana Budget — Telangana Open School (TOSS) Class 12 Economics. Key concepts, formulas, and definitions for last-minute revision.

42 questions30 flashcards5 concepts

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Key Topics to Revise

1

Meaning and Characteristics of Budget

  • A budget is a financial plan of income and expenditure for one year.
  • It is prepared by the government and presented in the legislature for approval.
  • The word 'Budget' comes from the French word 'Bougette', meaning a small leather bag.
2

Types of Budget

  • Balanced Budget: Revenue = Expenditure
  • Surplus Budget: Revenue > Expenditure
  • Deficit Budget: Expenditure > Revenue
3

Telangana Budget 2023–24: Key Figures

  • Total Estimated Receipts: ₹2,89,672.65 crores
  • Total Estimated Expenditure: ₹2,90,296.00 crores
  • Fiscal Deficit: ₹38,234.94 crores
4

Revenue Receipts in Telangana

  • Revenue Receipts: ₹2,16,566.97 crores (2023–24)
  • Main Components: Tax Revenue, Non-Tax Revenue, State Share in Central Taxes, Grants-in-aid
  • Tax Revenue: ₹1,31,028.65 crores (largest component)

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Full Notes

Key Concepts

A budget is an annual financialThese are regular income sourcesThis refers to spending that doesFiscal deficit occurs when the government'sBudgets can be classified based on

Frequently Asked Questions

What are the important topics in Telangana Budget for Telangana Open School (TOSS) Class 12 Economics?
Telangana Budget covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Telangana Budget — Telangana Open School (TOSS) Class 12 Economics?
Understand the core concepts first, then work through the 42 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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