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Which of the following statements is true about Fiscal Deficit ?1.Fiscal deficit is the difference between the governments total expenditure and its total revenue (including borrowings).2.A high fiscal deficit can lead to inflation, appreciation of the currency and an increase in the debt burdena)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is true about Fiscal Deficit ?1.Fiscal deficit is the difference between the governments total expenditure and its total revenue (including borrowings).2.A high fiscal deficit can lead to inflation, appreciation of the currency and an increase in the debt burdena)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is true about Fiscal Deficit ?1.Fiscal deficit is the difference between the governments total expenditure and its total revenue (including borrowings).2.A high fiscal deficit can lead to inflation, appreciation of the currency and an increase in the debt burdena)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.

Solutions for Which of the following statements is true about Fiscal Deficit ?1.Fiscal deficit is the difference between the governments total expenditure and its total revenue (including borrowings).2.A high fiscal deficit can lead to inflation, appreciation of the currency and an increase in the debt burdena)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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