Home
Class 14
GENERAL KNOWLEDGE
What is the meaning of Fiscal Deficit ?...

What is the meaning of Fiscal Deficit ?

A

Total revenue collected by the govt

B

The difference between total revenue and total expenditure of the govt

C

Total expenditure of the govt

D

Total amount of loan taken by the govt

Text Solution

Verified by Experts

The correct Answer is:
B
Fiscal Deficit can be expressed as: Fiscal Deficit = Total Expenditure – Total Receipts (Excluding Borrowings).
Promotional Banner

Topper's Solved these Questions

  • ECONOMICS

    PINNACLE|Exercise MCQ (INTERNATIONAL ORGANISATIONS)|5 Videos

  • ECONOMICS

    PINNACLE|Exercise MCQ (GOVERNMENT SCHEMES)|4 Videos

  • ECONOMICS

    PINNACLE|Exercise MCQ (COSTS, PRODUCTION,CONSUMPTIONS AND MARKET)|20 Videos

  • CURRENT AFFAIRS

    PINNACLE|Exercise SCHEMES & PROJECTS|40 Videos

  • GEOGRAPHY

    PINNACLE|Exercise WORLD GEOGRAPHY AND MAP|3 Videos

Similar Questions

Explore conceptually related problems

Fiscal Deficit is :

Fiscal deficit is:

Which of the following is/are the components of the Fiscal Deficit ? 1. Budgetary Deficit 2. Market Borrowings 3. Expenditure made from Pradhan Mantri Rahat Kosh

PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
  1. Which of the following are the major state taxes in India?

    Text Solution

    |

  2. How many members are there in the GST Council?

    Text Solution

    |

  3. What is the meaning of Fiscal Deficit ?

    Text Solution

    |

  4. Fiscal Policy is formulated by in India.

    Text Solution

    |

  5. GST council is headed by :

    Text Solution

    |

  6. GST is NOT applicable on which of the following goods or services?

    Text Solution

    |

  7. What is the National Gross Domestic Product(GDP)?

    Text Solution

    |

  8. In which year, the first Gender Budget Statement appeared in the Union...

    Text Solution

    |

  9. The financial resources of an economy cannot be mobilized by

    Text Solution

    |

  10. is a type of direct Tax which is levied at the time of sale/purchase o...

    Text Solution

    |

  11. Which of the following statements regarding Goods and Services Tax is ...

    Text Solution

    |

  12. Which among the following indirect taxes is charged by the Central Gov...

    Text Solution

    |

  13. Current Account of Balance of payments does NOT include which of the f...

    Text Solution

    |

  14. Which of the following relations is true ?

    Text Solution

    |

  15. Which of the following statements is true regarding disinflation ?

    Text Solution

    |

  16. Which among the following regarding GST is correct?

    Text Solution

    |

  17. Which of the following may be classified as a 'Pigouvian tax'?

    Text Solution

    |

  18. Who among the following publishes the Economic Survey of India?

    Text Solution

    |

  19. The aggregate value of goods and services produced in an economy can b...

    Text Solution

    |

  20. A situation where the expenditure of the government exceeds its revenu...

    Text Solution

    |