Fiscal deficit in the Union Budget means: [IAS 1994]

Question

TuteeHUB · Accepted Answer

the sum of monetised deficit and budgetary deficit

TuteeHUB · Answer

the difference between current expenditure and current revenue

TuteeHUB · Answer

net increase in Union Government's borrowings from the Reserve Bank of India

TuteeHUB · Answer

the sum of budgetary deficit and net increase in internal and external borrowings

1.	Fiscal deficit in the Union Budget means: [IAS 1994]
A.	the difference between current expenditure and current revenue
B.	net increase in Union Government's 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 monetised deficit and budgetary deficit
Answer» D. the sum of monetised deficit and budgetary deficit

Discussion