Economics · Indian Economy
What is 'Fiscal Deficit'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A) Total Revenue - Total Expenditure
- 2B) Total Expenditure - Total Revenue (excluding borrowings)✓
- 3C) Total Expenditure - Total Receipts
- 4D) Total Receipts - Total Expenditure
Correct answer
B) Total Expenditure - Total Revenue (excluding borrowings)
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