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Question : Which of the following is a measure of the size of the government budget?

 

Option 1: Fiscal deficit

 

Option 2: Revenue deficit
 

Option 3: Capital receipts

 

Option 4: Revenue deficit 


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Fiscal deficit

 


Solution : The correct answer is (a) Fiscal deficit.

The fiscal deficit is a measure of the difference between the government's total expenditure and its total revenue in a given period. It indicates the extent to which the government needs to borrow money to finance its expenses.

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