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The revenue deficit for country A is.
Revenue receipts 20,000
Recovery of loans 1,500
Borrowing 15,000
Other Receipts 5,000
Expenditure on revenue account 24,500
Expenditure on capital account 26,000
Interest payments 2,000
A.5000
B.24000
C.4500
D.none of the above?
Revenue receipts 20,000
Recovery of loans 1,500
Borrowing 15,000
Other Receipts 5,000
Expenditure on revenue account 24,500
Expenditure on capital account 26,000
Interest payments 2,000
A.5000
B.24000
C.4500
D.none of the above?
Most Upvoted Answer
The revenue deficit for country A is.Revenue receipts 20,000Recovery o...
Understanding Revenue Deficit
To calculate the revenue deficit, we need to identify the total revenue receipts and the total revenue expenditure. The revenue deficit indicates the shortfall in the revenue receipts compared to the revenue expenditure.
Key Components
- **Revenue Receipts:**
- Revenue receipts = 20,000
- Recovery of loans = 1,500
- Total Revenue Receipts = 20,000 + 1,500 = 21,500
- **Expenditure on Revenue Account:**
- Expenditure on revenue account = 24,500
Calculating Revenue Deficit
The revenue deficit can be calculated using the formula:
Revenue Deficit = Total Revenue Expenditure - Total Revenue Receipts
Plugging in the values:
- Revenue Deficit = 24,500 - 21,500 = 3,000
Conclusion
The calculated revenue deficit for Country A is **3,000**.
Among the provided options:
- A. 5000
- B. 24000
- C. 4500
- D. None of the above
The correct answer is **D. none of the above**, as the revenue deficit calculated is not listed in the options.
This analysis highlights the importance of understanding the components that contribute to the revenue deficit, which is a critical aspect of fiscal policy and economic planning.
To calculate the revenue deficit, we need to identify the total revenue receipts and the total revenue expenditure. The revenue deficit indicates the shortfall in the revenue receipts compared to the revenue expenditure.
Key Components
- **Revenue Receipts:**
- Revenue receipts = 20,000
- Recovery of loans = 1,500
- Total Revenue Receipts = 20,000 + 1,500 = 21,500
- **Expenditure on Revenue Account:**
- Expenditure on revenue account = 24,500
Calculating Revenue Deficit
The revenue deficit can be calculated using the formula:
Revenue Deficit = Total Revenue Expenditure - Total Revenue Receipts
Plugging in the values:
- Revenue Deficit = 24,500 - 21,500 = 3,000
Conclusion
The calculated revenue deficit for Country A is **3,000**.
Among the provided options:
- A. 5000
- B. 24000
- C. 4500
- D. None of the above
The correct answer is **D. none of the above**, as the revenue deficit calculated is not listed in the options.
This analysis highlights the importance of understanding the components that contribute to the revenue deficit, which is a critical aspect of fiscal policy and economic planning.
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The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above?
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The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above?.
The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The revenue deficit for country A is.Revenue receipts 20,000Recovery of loans 1,500Borrowing 15,000Other Receipts 5,000Expenditure on revenue account 24,500Expenditure on capital account 26,000Interest payments 2,000A.5000B.24000C.4500D.none of the above?.
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