MCQOPTIONS
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| 1. |
Excess of total expenditure over total revenues is termed as 1. Revenue deficit 2. Fiscal deficit 3. Budget deficit 4. Overall deficit |
| A. | 1 only |
| B. | 1 and 2 |
| C. | 3 only |
| D. | 4 only |
| Answer» D. 4 only | |