📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is Fiscal deficit?

    A Total receipts - total expenditure Correct Answer Incorrect Answer
    B Revenue receipts + recovered loan and other receipt - total expenditure Correct Answer Incorrect Answer
    C Revenue receipts - revenue expenditure Correct Answer Incorrect Answer
    D Revenue Receipts – Total expenditure Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Fiscal Deficit is the difference between the Revenue Receipts plus Non-debt Capital Receipts (like receipts from disinvestment and recovery of loans) and the total expenditure. Fiscal Deficit is reflective of the total borrowing requirements of Government.

    Practice Next
    More Research Questions
    ask-question
    9