Question : From the following data calculate fiscal deficit-
Tax revenue- 1050
Revenue expenditure- 2000
Non-tax revenue- 200
Recovery of loans- 120
Capital expenditure- 500
Disinvestment- 50
Interest payments- 20
Option 1: 150
Option 2: 1050
Option 3: 1080
Option 4: 1850
Answer (1)
23rd Jan, 2024
Correct Answer:
1080
Solution :
Fiscal deficit= Revenue expenditure+ capital expenditure- ( tax revenue + non tax revenue+ recovery of loans + disinvestment)
= 2000+500-(1050+200+120+50)
=1080crore.
Hence Option C is correct.
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