Question : It indicates inability of the government to meet its regular and recurring expenditure.
Option 1: Revenue deficit
Option 2: Fiscal deficit
Option 3: Primary deficit
Option 4: Budgetary deficit.
Correct Answer: Revenue deficit
Solution : Revenue deficit indicates inability of the government to meet its regular and recurring expenditure. Hence, Option A is correct.
Question : It refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
Question : It indicates the total borrowings requirement of the government including interest.
Question : _____________ signifies that government own revenue is insufficient to meet the expenditure on normal functioning of government departments and provisions for various services.
Question : It indicates the total borrowings requirement of the government excluding interest.
Question : Which of the following is correct.
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