Question : _____________ signifies that government own revenue is insufficient to meet the expenditure on normal functioning of government departments and provisions for various services.
 

Option 1: Revenue deficit
 

Option 2: Fiscal deficit
 

Option 3: Budgetary deficit
 

Option 4: Primary deficit
 

Question : It is incurred mainly for acquisition of assets and granting of loans and advances.
 

Option 1: Revenue expenditure 
 

Option 2: Capital expenditure 
 

Option 3: Primary expenditure 
 

Option 4: Budgetary expenditure 
 

Question : _____________________ is the expenditure incurred by the central government on various administrative services.

Option 1: Private final consumption expenditure.
 

Option 2: Government final consumption expenditure.
 

Option 3: Gross domestic capital formation.
 

Option 4: Net exports

Question : Fill in the blanks-
____________________= Revenue expenditure - Revenue receipts.
 

Option 1: Capital deficit
 

Option 2: Budgetary deficit
 

Option 3: Revenue deficit
 

Option 4: None of the above.
 

Question : It refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
 

Option 1: Revenue deficit 
 

Option 2: Fiscal deficit
 

Option 3: Primary deficit 
 

Option 4: Budgetary deficit.