In a concept of budgetary deficit, ............... is always greater than the total revenue.

Related MCQs

• The greater the elasticity of supply, the greater is
• When expenditure exceeds total tax revenue, it is called:
• In case of deficit budget, when the deficits are covered through taxes, that budget is called:
• If interest payments are subtracted from gross fiscal deficit, the remainder will be
• The difference between total expenditure and total receipts is
• Agriculture income tax is a source of revenue to
• Which of the following is administrative non-tax revenue?
• Pick out the item which is not a part of tax revenue.
• Balanced budget means ................ between revenue and expenditure.
• Which of the following is a Revenue Receipt?