⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    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

    Solution

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

    Practice Next
    ask-question