Question : Which of the following is a measure of the size of the government budget?
Option 1: Fiscal deficit
Option 2: Revenue deficit
Option 3: Capital receipts
Option 4: Revenue deficit
Correct Answer: Fiscal deficit
Solution : The correct answer is (a) Fiscal deficit.
The fiscal deficit is a measure of the difference between the government's total expenditure and its total revenue in a given period. It indicates the extent to which the government needs to borrow money to finance its expenses.
Question : Which of the following is correct.
Question : From the following data about the government budget, determine fiscal deficit. Total receipts excluding borrowings- 40000 Revenue deficit- 5000 Capital expenditure- 45000 Revenue expenditure- 16000 Interest payments- 25% of revenue deficit.
Question : From the following data about the government budget, determine fiscal deficit. Total receipts excluding borrowings- 1050 Revenue deficit- 600 Capital expenditure- 450 Revenue expenditure- 1600 Interest payments- 25% of revenue deficit.
Question : From the following data calculate Interest payments- Fiscal deficit- 1250 Revenue deficit- 200 Primary deficit- 1255 Revenue receipts- 300 Non-debt creating capital receipts- 2000 Capital expenditure- 3050
Question : From the following data calculate capital expenditure- Fiscal deficit- 1250 Revenue deficit- 200 Primary deficit- 100 Revenue receipts- 300 Non-debt creating capital receipts- 2000
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile