Economics · Public Finance
What does 'Fiscal Deficit' represent in the Union Budget?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The sum of budgetary deficit and net increase in internal and external borrowings✓
- 2The difference between revenue receipts and revenue expenditure
- 3The sum of monetized deficit and budgetary deficit
- 4The net increase in borrowings from the Reserve Bank of India
Correct answer
The sum of budgetary deficit and net increase in internal and external borrowings
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