Q.

Fiscal Deficit is –

A. Total Expenditures – Total receipts
B. Revenue expenditures – Revenue receipts
C. Capital expenditure – capital receipts – Borrowings
D. Sum of Budget Deficit and Government’s market borrowings and liabilities
Answer» A. Total Expenditures – Total receipts
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Hema Emran Ramanathan
2 months ago

Makes learning interactive.
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