When expenditure exceeds total tax revenue, it is called:

Related MCQs

• The principle of public expenditure that requires that Government should avoid shortfall of revenue in comparison with its expenditure is termed as
• The difference between total expenditure and total receipts is
• Balanced budget means ................ between revenue and expenditure.
• Expenditure tax was introduced in India as per the recommendation of ………………
• 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.
• Which one of the following is not the form of Tax Revenue?
• Tax revenue sharing between the federal and sub-national governments is aimed at correcting which of the following type of imbalances?
• If with the increase in income, the percentage of income collected as tax remains constant, tax will be called