send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
______ is the difference between the government’s total expenditure and its total receipts, excluding borrowings.
Credit flow
Fiscal deficit
Debt burden
Market equilibrium
- Credit flow: Refers to the amount of credit available in the economy or the movement of capital, often between banks and businesses or individuals. It does not pertain to the government's budget or deficit.
- Fiscal deficit: This is indeed the correct option. It represents the difference between the government's total expenditure and its total receipts, excluding borrowings. It indicates the shortfall in a government's income compared with its spending.
- Debt burden: This refers to the amount of debt a government owes and its potential impact on its financial stability. It's not concerned with yearly fiscal calculations but rather with overall indebtedness.
- Market equilibrium: This is an economic term that describes a market situation where supply equals demand, and there is no tendency for change. It is not related to government expenditures or receipts.
By: santosh ProfileResourcesReport error
Access to prime resources
New Courses