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Fiscal Deficit =
  • a)
    Total expenditure - Total receipts other than borrowing
  • b)
    Revenue expenditure - Revenue receipts
  • c)
    Capital expenditure - Capital receipts
  • d)
    Revenue expenditure + Capital expenditure - Revenue receipts
Correct answer is option 'A'. Can you explain this answer?
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Fiscal Deficit =a)Total expenditure - Total receipts other than borrow...
Fiscal Deficit = Total expenditure - Total receipts other than borrowings
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Fiscal Deficit =a)Total expenditure - Total receipts other than borrowingb)Revenue expenditure - Revenue receiptsc)Capital expenditure - Capital receiptsd)Revenue expenditure + Capital expenditure - Revenue receiptsCorrect answer is option 'A'. Can you explain this answer?
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