In a government budget, a 'revenue deficit' occurs when:

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Economics · Union Budget

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Revenue expenditure exceeds revenue receipts

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Answer 1

Total receipts exceed total expenditures

Answer 2

Capital expenditure exceeds capital and revenue receipts

Answer 3

Revenue expenditure exceeds revenue receipts

Answer 4

Revenue expenditure equals revenue receipts

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