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The "Fiscal Deficit" of the Indian government represents:
  • a)
    The difference between total revenue and total expenditure
  • b)
    The difference between the monetary deficit and the revenue deficit
  • c)
    The difference between capital expenditure and revenue expenditure
  • d)
    The difference between revenue receipts and revenue expenditure
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The "Fiscal Deficit" of the Indian government represents:a)T...
Fiscal deficit represents the difference between the total revenue (receipts) and total expenditure of the government.
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The "Fiscal Deficit" of the Indian government represents:a)The difference between total revenue and total expenditureb)The difference between the monetary deficit and the revenue deficitc)The difference between capital expenditure and revenue expenditured)The difference between revenue receipts and revenue expenditureCorrect answer is option 'A'. Can you explain this answer?
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