Borrowing in government budget is: (Choose the correct alternative)
(a) Revenue deficit
(b) Fiscal deficit
(c) Primary deficit
(d) Deficit in taxes
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...
1 Answers 2 views(a) Fiscal deficit = Revenue receipts + non-debt creating capital receipts – Total expenditure; Budget deficit = Total receipts – Total expenditure
1 Answers 1 views(d) Borrowings less interest payments
1 Answers 1 views(c) Fiscal deficit minus Interest Payments
1 Answers 1 views(d) Fiscal deficit - Interest payments
1 Answers 1 viewsRevenue 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...
1 Answers 1 viewsThe excess of the total expenditure (i.e. revenue and capital expenditure), over the total receipts excluding borrowings (i.e. revenue and capital receipts) of the government, over a period of one...
1 Answers 2 viewsS. 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...
1 Answers 1 viewsRevenue Receipts are the receipts which do not create liabilities nor lead to reduction in assets. Stability in the economy means keeping fluctuations in the general price level within limits....
1 Answers 1 views(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...
1 Answers 1 views