Economics · Fiscal Policy
The term 'Budgetary Deficit' ('Budgetiya Ghata') traditionally refers to the difference between:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fiscal deficit and interest payments
- 2Total planned expenditure and total non-planned expenditure
- 3Total expenditure and total receipts (including capital and revenue receipts)✓
- 4Total revenue income and total revenue expenditure
Correct answer
Total expenditure and total receipts (including capital and revenue receipts)
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