Economics · Fiscal Policy and Budgets
When public revenue collection exceeds the total required expenditure within a fiscal year, the budget is officially declared as a ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1deficit budget
- 2surplus budget✓
- 3balanced budget
- 4capitalized spread
Correct answer
surplus budget
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Fiscal Policy and Budgets MCQs →Want more practice questions on Fiscal Policy and Budgets?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Fiscal Policy and Budgets