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If borrowing and order liabilities are added to the budget deficits we get ______:
- a)Fiscal deficit
- b)Primary deficit
- c)Capital deficit
- d)Revenue Deficit
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
If borrowing and order liabilities are added to the budget deficits we...
Explanation:
Definition of Fiscal Deficit:
Fiscal deficit is the difference between the total revenue of the government and its total expenditure. It indicates the total borrowing requirements of the government from all sources during a given financial year.
Components of Fiscal Deficit:
Calculation:
Fiscal deficit is calculated by adding the budget deficit, borrowing liabilities, and order liabilities. This gives a comprehensive picture of the government's financial health and its borrowing requirements to meet its expenditure.
Therefore, when borrowing and order liabilities are added to the budget deficits, we get the fiscal deficit.
In conclusion, fiscal deficit is an important indicator of the government's financial health and its borrowing requirements. It reflects the overall financial position of the government and its ability to meet its expenditure obligations.
Definition of Fiscal Deficit:
Fiscal deficit is the difference between the total revenue of the government and its total expenditure. It indicates the total borrowing requirements of the government from all sources during a given financial year.
Components of Fiscal Deficit:
- Budget Deficit: The excess of total government expenditure over total government revenue for a particular period.
- Borrowing Liabilities: The amount of money borrowed by the government to meet its expenditure requirements.
- Order Liabilities: The outstanding payments that the government needs to make for the goods and services it has already received.
Calculation:
Fiscal deficit is calculated by adding the budget deficit, borrowing liabilities, and order liabilities. This gives a comprehensive picture of the government's financial health and its borrowing requirements to meet its expenditure.
Therefore, when borrowing and order liabilities are added to the budget deficits, we get the fiscal deficit.
In conclusion, fiscal deficit is an important indicator of the government's financial health and its borrowing requirements. It reflects the overall financial position of the government and its ability to meet its expenditure obligations.
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If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer?
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If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer?.
If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If borrowing and order liabilities are added to the budget deficits we get ______:a)Fiscal deficitb)Primary deficitc)Capital deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer?.
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