IE&IFS: Concepts and Practice · Part B: Economic Concepts Related to Banking
Chapter 12: The Union Budget
What the Budget is, how the Constitution frames it, how its receipts, spending and deficits are counted, and what it means for banks.
Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.
In this chapter
- 12.1The Budget and the Constitutionp. 157
- 12.2Receipts and expenditurep. 158
- 12.3The deficitsp. 159
- 12.4Budget 2026-27 in numbersp. 160
- 12.5Fiscal rules, the Finance Commission and the banksp. 161
- Exam traps and quick checksp. 162
- Practice: 16 questions in three roundsp. 163
- Answers, with every wrong option explainedp. 165
- Make it stickp. 167
- Chapter 12 on one pagep. 168
Corrections and updates
None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.