Question : It refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
Option 1: Revenue deficit
Option 2: Fiscal deficit
Option 3: Primary deficit
Option 4: Budgetary deficit.
Answer (1)
21st Jan, 2024
Correct Answer:
Revenue deficit
Solution : Revenue deficit refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
Hence, Option A is correct.
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