Question
The concept which tries to ascertain the actual deficit
in the revenue account after adjusting for expenditure of capital nature is termed as;Solution
Effective Revenue Deficit is basically revenue deficit excluding expenditure on capital generation form grants from the Centre to the states. It signifies the amount of capital receipts that are being used for actual consumption expenditure of the Government. It is a new term introduced in the Union Budget 2011-12. It has now become a new fiscal parameter.
Which country has emerged as the third largest major trading partner of India according to the data provided by the Ministry of Commerce?
Which bank entered India's top five companies by market capitalization, surpassing Rs 8 trillion?
What is the name of the anti-tank missile sold by Israel to Greece in a defence deal worth 400 million dollars?
Which organization played a pivotal role in designing the Project 17A warships, including India's latest warship Mahendragiri, showcasing the country's ...
Consider the following statement about National Food Security Act (NFSA) 2013.
I. To provide for food and nutritional security in the human life ...
Which two countries are included in the UK's plans to be added to an expanded list of safe states?
In the latest BrandZ India report by insights and consulting firm Kantar shows, __________and __________have been named as the "most purposeful" brands ...
What is the name of the new AI chatbot introduced by UIDAI recently?
When did the IEPFA launch the “Saksham Niveshak” campaign?
Who has been appointed as the Chairman and Managing Director of BPCL?