MCQOPTIONS
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| 1. |
Fiscal deficit implies |
| A. | Total expenditure -- (Revenue receipts + recovery of loans + receipts from disinvestment ) |
| B. | Total expenditure -- Total receipts |
| C. | Total expenditure -- (Revenue receipts + receipts from disinvestment) |
| D. | Total expenditure -- Disinvestment receipts |
| Answer» B. Total expenditure -- Total receipts | |