Economics · Public Finance
Fiscal deficit in the union budget measures the difference between:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1government consumption expenditure and tax receipts
- 2revenue expenditure and revenue receipts
- 3total expenditure and total non-debt creating receipts✓
- 4capital expenditure and capital receipts
Correct answer
total expenditure and total non-debt creating receipts
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