Question

Which of the following best defines Fiscal Deficit ?

A Total Expenditure – Total Receipts (excluding borrowings)
B Total Revenue – Total Expenditure
C Capital Receipts – Capital Expenditure
D Revenue Expenditure – Revenue Receipts
E Net Borrowings – Interest Payments
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)