Economics · Fiscal Policy

The budgetary situation where the government's total expenditure exceeds its total revenue (excluding borrowings) is known as __________.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Revenue Surplus
2Fiscal Deficit✓
3Outcome Budget
4Revenue Neutral Budget

Correct answer

Fiscal Deficit

Download Single Question PDF

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

👥

Share with Friends & Study Groups

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

Online Test Series

Preparing for Economics?

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

Start Free Mock Test →

Chapter Practice

Want more practice questions on Fiscal Policy?

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

Practice Fiscal Policy MCQs →

Recommended practice questions in Economics · Fiscal Policy

Browse More Economics →

Which Indian independence movement leader was primarily known for his philosophy and practice of non-violent civil disobedience?

Solve Question→

Who gave the call for 'Do or Die' during the Quit India Movement in 1942?

Solve Question→

Which of the following revolutionary pairs were imprisoned together in Cellular Jail and faced harsh conditions, contributing significantly to the Indian independence movement?

The budgetary situation where the government's total expenditure exceeds its total revenue (excluding borrowings) is known as __________.

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

The budgetary situation where the government's total expenditure exceeds its total revenue (excluding borrowings) is known as __________.

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions