CUET Exam > CUET Questions > In the Union Budget, what is the term used fo...
Start Learning for Free
In the Union Budget, what is the term used for the difference between total revenue and total expenditure?
- a)Fiscal Deficit
- b)Revenue Deficit
- c)Budget Deficit
- d)Economic Deficit
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
In the Union Budget, what is the term used for the difference between ...
Fiscal Deficit:
- Definition: Fiscal deficit is the difference between total revenue and total expenditure of the government.
- Significance: It indicates the total borrowing requirements of the government to meet its expenditure.
Types of deficits:
- Revenue Deficit: It is the excess of revenue expenditure over revenue receipts.
- Budget Deficit: It is the difference between total revenue and total expenditure of the government.
- Economic Deficit: It is the difference between total expenditure and total income of the government.
Importance of Fiscal Deficit:
- It reflects the overall health of the economy and the government's financial position.
- High fiscal deficit can lead to inflation and a decrease in the value of the currency.
- It is used as a measure of the government's fiscal discipline and sustainability.
Conclusion:
- Fiscal deficit is a crucial indicator of the government's financial health and management of the economy.
- It is important for policymakers to monitor and control fiscal deficit to ensure economic stability and growth.
Attention CUET Students!
To make sure you are not studying endlessly, EduRev has designed CUET study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CUET.
|
Explore Courses for CUET exam
|
|
Top Courses for CUETView all
In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer?
Question Description
In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer?.
In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer?.
Solutions for In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CUET.
Download more important topics, notes, lectures and mock test series for CUET Exam by signing up for free.
Here you can find the meaning of In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice In the Union Budget, what is the term used for the difference between total revenue and total expenditure?a)Fiscal Deficitb)Revenue Deficitc)Budget Deficitd)Economic DeficitCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CUET tests.
|
|
Explore Courses for CUET exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup