Economics · Economy
Fiscal Deficit of a government refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Total Expenditure − (Revenue Receipts + Total Capital Receipts)
- 2Revenue Deficit − Interest Payments
- 3Total Expenditure − (Revenue Receipts + Non-debt Capital Receipts)✓
- 4Total Expenditure − Total Revenue Receipts
Correct answer
Total Expenditure − (Revenue Receipts + Non-debt Capital Receipts)
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