Revenue deficit in India implies that:

Question

Economics · Fiscal Budget

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

The Indian Government needs to borrow in order to finance its expenses which do not create capital assets

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Fiscal Budget?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Fiscal Budget

Which of the following territories was annexed by Lord Dalhousie under the pretext of misgovernance, and not directly through the Doctrine of Lapse?

What was the primary stated reason for the Partition of Bengal in 1905 by Lord Curzon?

Which of the following events is considered the immediate trigger for the launch of the Non-Cooperation Movement by Mahatma Gandhi?

Answer 1

The Indian Government needs to borrow from international financial institutions

Answer 2

The Indian Government needs to borrow from the Reserve Bank of India against government securities

Answer 3

The Indian Government needs to borrow in order to finance its expenses which do not create capital assets

Answer 4

The Indian Government needs to borrow in order to finance its expenses which will create capital assets

Related Practice Questions