MCQOPTIONS
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| 1. |
In the budget figures of the Government of India, fiscal deficit is |
| A. | Total expenditure - total receipts |
| B. | Revenue expenditure - revenue receipts |
| C. | Capital expenditure - capital receipts + market borrowings |
| D. | Sum of budget deficit and Government's market borrowings and liabilities |
| Answer» B. Revenue expenditure - revenue receipts | |