Question : The government's fiscal deficit can be reduced by ____________.
Option 1: Increasing revenue expenditure
Option 2: Decreasing capital receipts
Option 3: Controlling non-plan expenditure
Option 4: Expanding borrowings
Correct Answer: Controlling non-plan expenditure
Solution : The correct answer is (C) Controlling non-plan expenditure.
The fiscal deficit represents the difference between the government's total expenditure and its total revenue. It indicates the extent to which the government needs to borrow to finance its expenses.
Controlling non-plan expenditure refers to implementing measures to manage and reduce government spending on items that are not related to planned development programs or projects. By controlling non-plan expenditure, the government can effectively reduce its overall expenditure and, consequently, the fiscal deficit.
Question : Identify the incorrect equation.
Question : The revenue deficit is calculated as ____________ minus revenue receipts.
Question : The government's borrowings from the public are known as ____________.
Question : In a government budget, revenue receipts = 13200, revenue expenditure = 14700, capital receipts net of borrowings = 4000, capital expenditure = 17300, and interest payments = 2350, fiscal deficit will be:
Question : Which of the following is correct.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile