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      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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