Economics · Indian Economy
Fiscal deficit is equal to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Total Revenue Receipts - Total Revenue Expenditure
- 2Total Receipts - Total Expenditure
- 3Budgetary Deficit + Government Liabilities
- 4Total Expenditure - Total Revenue Receipts excluding borrowings✓
Correct answer
Total Expenditure - Total Revenue Receipts excluding borrowings
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