What does 'Fiscal Deficit' in the Union Budget mean?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The difference between the government's total expenditure and its total receipts excluding borrowings.

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Answer 1

Total revenue minus total expenditure.

Answer 2

The difference between the government's total expenditure and its total receipts excluding borrowings.

Answer 3

The sum of monetary deficit and budgetary deficit.

Answer 4

Net increase in borrowings by the Central Government from the Reserve Bank of India.

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