Question : It is incurred for normal running of government departments and provision of various services.
 

Option 1: Revenue expenditure 
 

Option 2: Capital expenditure 
 

Option 3: Primary expenditure 
 

Option 4: Budgetary expenditure 
 

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 : ___________________ refers to those expenditure which either creates an assets or causes reduction in liabilities of the government.
 

Option 1: Capital receipts 
 

Option 2: Capital expenditure 
 

Option 3: Revenue receipts 
 

Option 4: Revenue expenditure.
 

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.

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

Option 1: Capital deficit
 

Option 2: Budgetary deficit
 

Option 3: Revenue deficit
 

Option 4: None of the above.