Economics · Indian Economy

What is the formula for Fiscal Deficit?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Total Revenue Receipts - Total Revenue Expenditure✓
2Total Receipts - Total Expenditure
3Budgetary Deficit + Government Liabilities
4Gross Fiscal Deficit - Interest Payments

Correct answer

Total Revenue Receipts - Total Revenue Expenditure

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