Multiple Choice Questions on Fiscal deficit ........ for 12th Standard Preparation

Introductory Macro Economics

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Indian Economy - Understanding the basics of Indian economic system

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    Fiscal deficit=

    Total expenditure – total receipt other than borrowing

    Correct Answer

    Revenue expenditure- revenue receipts

    Incorrect Answer

    Capital expenditure – capital receipts

    Incorrect Answer

    Revenue expenditure + Capital expenditure - revenue receipts

    Incorrect Answer
    Explanation:

    Total expenditure – total receipt other than borrowing


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