Economics · Indian Economy
In India, what is 'Gross Fiscal Deficit'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The difference between total revenue and total expenditure.
- 2The difference between total expenditure and total revenue receipts plus non-debt capital receipts.✓
- 3The difference between tax revenue and non-tax revenue.
- 4The difference between plan expenditure and non-plan expenditure.
Correct answer
The difference between total expenditure and total revenue receipts plus non-debt capital receipts.
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