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Question : From the following data about the government budget, determine fiscal deficit.
Total receipts excluding borrowings- 1050
Revenue deficit- 600
Capital expenditure- 450
Revenue expenditure- 1600
Interest payments- 25% of revenue deficit.
 

Option 1: 1900
 

Option 2: 1500
 

Option 3: 1200
 

Option 4: 1000
 


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: 1000


Solution : Fiscal deficit = Total expenditure - total receipts excluding borrowings
[Total expenditure= Revenue expenditure+ Capital expenditure]
= (1600+450)- 1050
= 1000 crore
Hence Option D is correct.

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