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Question : What situation would result if government expenditure exceeds the government revenue in the current account?

Option 1: Deficit budgeting

Option 2: Zero-based budgeting

Option 3: Performance-based budgeting

Option 4: Surplus budgeting


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 3rd Jan, 2024

Correct Answer: Deficit budgeting


Solution : The correct option is Deficit budgeting .

When a government spends more money than it takes in during a given fiscal year, this is referred to as deficit budgeting. In other words, the government spends more than it brings in through taxes and other sources of income.

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