📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    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
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question