Economics · Union Budget
A 'Revenue Deficit' in the Union Budget occurs when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fiscal Deficit exceeds Interest Payments
- 2Capital Expenditure exceeds Capital Receipts
- 3Revenue Expenditure exceeds Revenue Receipts✓
- 4Total Expenditure exceeds Total Receipts
Correct answer
Revenue Expenditure exceeds Revenue Receipts
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