Economics · Revenue Deficit

What is the basic formula for calculating Revenue Deficit?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Total Expenditure - Total Receipts
2Total Revenue Expenditure - Total Revenue Receipts✓
3Total Capital Receipts - Total Capital Expenditure
4Total Revenue Receipts - Total Revenue Expenditure

Correct answer

Total Revenue Expenditure - Total Revenue Receipts

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