New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    The gross fiscal deficit

    is  
    A Total expenditure less total revenue receipts. Correct Answer Incorrect Answer
    B Total borrowings less repayment of past debt. Correct Answer Incorrect Answer
    C Revenue expenditures less total revenue receipts. Correct Answer Incorrect Answer
    D Total expenditure less payment of interest. Correct Answer Incorrect Answer

    Solution

    Solution Gross fiscal deficit is the excess of total expenditure over total revenue receipts of a country. Symbolically, Gross fiscal deficit = Total expenditure –Total Revenue receipts.

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