M

Mahesh Chandra • 6.28K Points
Tutor III Economic 

Q. The budget deficit means

  • (A) the excess of total expenditure, including loans, net of lending over revenue receipts
  • (B) difference between revenue receipts and revenue expenditure
  • (C) difference between all receipts and all the expenditure
  • (D) fiscal deficit less interest payments
  • Correct Answer - Option(C)
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  • Filed under category Economic

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