πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      What is the definition of fiscal

      deficit?
      A Increase in expected inflation, and expected appreciation of the currency Correct Answer Incorrect Answer
      B Increase in inflation within the Indian economy Correct Answer Incorrect Answer
      C Excess of total expenditure over total receipts excluding debt Correct Answer Incorrect Answer
      D Decrease in expected inflation, and expected appreciation of the currency. Correct Answer Incorrect Answer

      Solution

      Fiscal deficit arises when the expenditure of a government is more than the revenue generated by the government in a given fiscal year.

      Practice Next

      Relevant for Exams:

      ask-question