Mathematics · Public Finance
Fiscal Deficit is defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total Expenditure − (Revenue Receipts + Capital Receipts)
- 2Total Expenditure − (Revenue Receipts + Non-debt Creating Capital Receipts)✓
- 3Total Expenditure − (Total Receipts + Non-debt Creating Capital Receipts)
- 4Total Expenditure − (Capital Receipts − Debt Creating Capital Receipts)
Correct answer
Total Expenditure − (Revenue Receipts + Non-debt Creating Capital Receipts)
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