Choose the correct one from the below expressions 1. Fiscal deficit = Budget deficit – Government’s market borrowing and liabilities 2. Fiscal deficit = Budget deficit + Government's market borrowing and liabilities 3. Fiscal deficit = Revenue expenditure - Budget receipts 4. Fiscal deficit = Revenue expenditure + Budget receipts

Choose the correct one from the below expressions 1. Fiscal deficit =

1.	Choose the correct one from the below expressions 1. Fiscal deficit = Budget deficit – Government’s market borrowing and liabilities 2. Fiscal deficit = Budget deficit + Government's market borrowing and liabilities 3. Fiscal deficit = Revenue expenditure - Budget receipts 4. Fiscal deficit = Revenue expenditure + Budget receipts
A.	1 only
B.	2 only
C.	3 only
D.	None of the above
Answer» C. 3 only

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