Question

The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______

A Interest Correct Answer Incorrect Answer
B Taxes Correct Answer Incorrect Answer
C Spending Correct Answer Incorrect Answer
D Borrowings Correct Answer Incorrect Answer
E Rent Correct Answer Incorrect Answer

Solution

The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding borrowings.

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