Economics · Economy

Fiscal Deficit is correctly defined as the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Total revenue collected by the government in a financial year
2Difference between revenue expenditure and revenue receipts
3Difference between capital expenditure and revenue receipts
4Difference between government's total expenditure and total receipts excluding borrowings✓

Correct answer

Difference between government's total expenditure and total receipts excluding borrowings

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Fiscal Deficit is correctly defined as the:

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Fiscal Deficit is correctly defined as the:

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