Question : In a government budget, revenue receipts is Rs.4500 crore and revenue expenditure is Rs. 2800 crore. How much is the revenue deficit?
Option 1: 1700
Option 2: 3020
Option 3: 3000
Option 4: 4040
Correct Answer:
1700
Solution :
Revenue deficit= Revenue expenditure - Revenue receipts
Revenue deficit= 4500-2800
Revenue deficit= Rs.1700 crore
Hence, Option A is correct.