MEANING OF SURPLUS BUDGET AND DEFICIT BUDGET

MEANING OF SURPLUS AND DEFICIT BUDGET

• budget surplus occurs when government spending is less than government revenue in a given period of time.

In other words, a budget is called surplus, when the total estimated revenue is more than the proposed expenditure. In this kind of budget, not all estimated revenue is proposed to be spent in that year, meaning that there will be reserve.

BALANCED AND UNBALANCED BUDGET

            PERFORMANCE OBJECTIVES

Explain the concepts of budget surplus balanced budget and the component of national debt.

Explain the concept of and criteria for revenue allocation (including resource control) in Nigeria and associated problems

•  Deficit Budget: A budget deficit occurs when the government spending exceeds government revenue in a given period of time, usually a year.

 In other words, a budget is called deficit when the government’s total proposed expenditure for a period of time is more than the total estimated revenue.

When it refers to federal government spending, a budget deficit is also known as the “national debt”. The opposite of a budget deficit is a budget surplus and when inflows are equal to outflows, the budget is said to be balanced.

1. economic tools for nation building
2. budgeting
3. factors affecting the expansion of industries
4. mineral resources and the mining industries
5. demand and supply
6. types of demand curve and used
7. advertising industry
8. factors of production
9. entrepreneur
10. joint stock company
11. public enterprises
12. private enterprises
13. limited liability companies
14. migration
15. population
16. market concept
17. money market
18. shares
19. how companies raises funds for expansion
20.  

WEED AND THEIR BOTANICAL NAMES
1. ENVIRONMENTAL FACTORS AFFECTING AGRICULTURAL PRODUCTION
2. DISEASES
3. 52. SOIL MICRO-ORGANISMS
4. ORGANIC MANURING
5. FARM YARD MANURE
6. HUMUS
7. COMPOST
8. CROP ROTATION
9. GRAZING AND OVER GRAZING
10. IRRIGATION AND DRAINAGE
11. IRRIGATION SYSTEMS
12. ORGANIC MANURING
13. FARM YARD MANURE
14. HUMUS
15. COMPOST
16. CROP ROTATION

18. IRRIGATION AND DRAINAGE
    19. IRRIGATION SYSTEMS
    20. INCUBATORS
    21. MILKING MACHINE
    22. SIMPLE FARM TOOLS
    23. AGRICULTURAL MECHANIZATION
    24. THE CONCEPT OF MECHANIZATION
    25. PROBLEMS OF MECHANIZATION
    26. SURVEYING AND PLANNING OF FARMSTEAD
    27. IMPORTANCE OF FARM SURVEY
    28. SURVEY EQUIPMENT
    29. PRINCIPLES OF FARM OUTLAY
    30. SUMMARY OF FARM SURVEYING
    31. CROP HUSBANDRY PRACTICES
    32. PESTS AND DISEASE OF MAIZE- ZEA MAYS
    33. CULTIVATION OF MAIZE CROP
    34. OIL PALM
    35. USES OF PALM OIL
    36. MAINTENANCE OF PALM PLANTATION
    37. COCOA
    38.
    39. PROCESSES IN COCOA CULTIVATION
    HOLING AND LINING
    40. YAM
    41. LAND PREPARATION FOR YAM
    42. DEPT OF PLANTING
    43. SPACING OF YAM
    44. PLANTING DEPT OF YAM
    45. STORAGE OF YAM
    46. STAKING OF YAM
    47. HARVESTING OF YAM
    48. COWPEA
    JUTE
    49. FORAGE CROP AND PASTURE
    50. FORAGE GRASSES
    51. SILAGE
    52. PASTURE
    53. TYPES OF PASTURE
    COMMON GRASSES AND LEGUMES
    54. GRASSES
    55. LEGUMES
    56. ESTABLISHMENT OF PASTURES
    57. 201. FORAGE PRESERVATION
    58. HAY SILAGE
    59. FORESTRY IMPORTANCE OF FORESTRY 206. FOREST MANAGEMENT FOREST REGULATION DEFORESTATION AFFORESTATION
    60. DISEASES AND PESTS OF CROPS
    61. MAIZE SMUT
    62. RICE BLAST
    63. MAIZE RUST
    64. LEAF SPOT OF GROUNDNUT
    65. COW-PEA MOSAIC
    66. COCOA BLACK POD DISEASE

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140. BALANCED DIETS
     141. LACTATION DIETS
     142. MALNUTRITION
141. RINDER PESTS
     148. NEWCASTLE DISEASE
     149. BACTERIA DISEASES
     150. ANTHRAX
     151. BRUCELLOSIS
     152. TUBERCULOSIS
     153. FUNGAL DISEASES
142. PROTOZOAN DISEASES
     155. TRYPONOSOMIASIS
     
     159. TAPE WORM
     160. ROUND WORM OF PIGS
     161. LIVER FLUKE
     162. ECTO PARASITES
     163. TICK