Discussion :: Indian Economy
- 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 |
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Answer : Option C
Explanation :
The budget deficit means difference between all receipts and all the expenditure.
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