Economics · Public Finance
What is revenue deficit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is the excess of government's capital expenditure over capital receipts.
- 2It is the excess of government's revenue expenditure over revenue receipts.✓
- 3It is the difference between revenue and capital expenditure.
- 4It is the excess of government's total expenditure over total receipts.
Correct answer
It is the excess of government's revenue expenditure over revenue receipts.
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