Economics · Government Budget
Consider the following statements regarding fiscal deficit: (a) It indicates total borrowing requirements of the government. (b) It excludes interest payments. (c) It is financed through borrowing. (d) It includes capital receipts other than borrowings. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a) and (c) only✓
- 2(a), (c) and (d) only
- 3(b) and (d) only
- 4(a), (b), (c) and (d)
Correct answer
(a) and (c) only
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