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UNIT IX: GOVERNMENT BUDGET AND THE ECONOMY KEY CONCEPTS: Meaning of the Budget Objectives of the Budget Components of the Budget Budget Receipts Budget Expenditure Balanced, Surplus and Deficit Budgets Types of Deficits GOVERNMENT BUDGET – A FLOW CHART 1 MARK QUESTIONS AND ANSWERS Define a Budget. NCERT 12th Class Solutions 2021. Register for Online tuition on Vedantu.com to … For helping the students we at NCERTbooks.guru have brought some unique and most appropriate NCERT solutions for class 12 Economics. CHAPTER 2 : National Income Accounting. The solutions of Class 12 Indian Economic development has numerous chapters and topics covered in them. Poverty. Get … NCERT Solution for Class 12 Macroeconomics Chapter 6 - Open Economy Macroeconomics 18. Check out the latest CBSE NCERT Class 12 Economics Syllabus.The syllabus is for the academic year 2020-21 session. Economics as a subject is divided into two parts:- Macro and Micro. 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