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. …………… deficit includes interest payment by the government on the past year loans
revenue
capital
both a&b
neither a nor b
- Definition: The deficit that includes interest payment on past loans is called the "revenue deficit."
- Option 1: Revenue Deficit
- Includes day-to-day expenses of the government.
- Also includes interest payments on past loans.
- Correct Answer
- Option 2: Capital Deficit
- Relates to the government's investment in assets and infrastructure.
- Does not include interest payments.
- Option 3: Both A & B
- Implies both revenue and capital include interest payments.
- This is incorrect as only revenue deficit includes interest payments.
- Option 4: Neither A nor B
- This would indicate another type of deficit, but it's incorrect here.
By: Parvesh Mehta ProfileResourcesReport error
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