Assertion (A) : Fiscal deficit is greater than budgetary deficit. Reason (R) : Fiscal deficit is the borrowing from the Reserve

The relationship between the revenue deficit and the fiscal deficit can be explained through the following points:  i. Revenue deficit is the difference between government's revenue expenditures and government's receipts.  Revenue deficit...

(a) Revenue deficit = revenue receipts – Revenue expenditure; Budget deficit = Total receipts – Total expenditure; Fiscal deficit = Revenue receipts + Nondebt creating capital receipts – Total expenditure...

(a) CRR or the Cash Reserve Ratio is that ratio of the total deposits held by a bank which it has to keep with the central bank of country.

(d) A = x2 – y2 = (x + y)(x – y) = 10 (x – y) B = 20 Now, it is not possible to compare A and B, as...

(c) Fiscal deficit minus Interest Payments 

(d) Deficit in taxes

Revenue Deficit: When revenue receipts are less than the revenue expenditures in a government budget, this shortfall is termed as Revenue Deficit. Revenue Deficit = Revenue Expenditure - Revenue Receipts...

(d) None of the above. Budgetary Deficit = Revenue Expenditure + Capital Expenditure - (Revenue Receipts) = 25,000 + 35,000 - (20,000 + 3,000) = Rs. 50,000 crore

S. No. Fiscal Deficit Primary Deficit 1. It is an excess of all anticipated government expenditure over the anticipated government receipts in the year. It is the difference between fiscal deficit and interest payments. 2. It increases...

(i) Revenue Receipts-The receipts which neither create any liability nor lead to any reduction in assets are called Revenue Receipts. Capital Receipts-Capital receipts are receipts that either create liability or reduce...