Bridging lsquo fiscal deficit rsquo is a major problem in governmental budgeting This is sought to b...........

Economic Affairs Financial Markets

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Bridging ‘fiscal deficit’ is a major problem in governmental budgeting. This is sought to be solved through

1. Market borrowing

2. Selling of government securities

3. Funds like and small tapping deposit provident fund savings schemes

Correct answer

1, 2 and 3

2 and 3

1 and 3

1 only

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Explanation:

A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
Deficit differs from debt, which is an accumulation of yearly deficits.
By selling government securities the problem of fiscal deficit cannot be solved.