Economics · Revenue Deficit
What is the technical definition of 'Revenue Deficit' in a government budget?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The difference between total import value and total export value
- 2The total borrowing requirements of the government minus interest payments
- 3The excess of revenue expenditure over revenue receipts✓
- 4The excess of capital expenditure over capital receipts
Correct answer
The excess of revenue expenditure over revenue receipts
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