MCQOPTIONS
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| 1. |
Fiscal deficit in the Union Budget means |
| A. | The difference between current expenditure and current revenue |
| B. | Net increase in union governments borrowings from the reserve bank of india |
| C. | The sum of budgetary deficit and net increase in internal and external borrowings |
| D. | The sum of monetized deficit and budgetary deficit |
| Answer» D. The sum of monetized deficit and budgetary deficit | |