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The revenue deficit refers to the excess of the government’s revenue expenditure over revenue receipts. Revenue deficit = Revenue expenditure – Revenue receipts. The revenue deficit includes only such transactions that affect the current income and expenditure of the government. It is the difference between the government’s total expenditure and its total receipts excluding borrowing. Gross fiscal deficit = Total expenditure – (Revenue receipts + Non-debt creating capital receipts). The fiscal deficit will have to be financed through borrowing. Thus, it indicates the total borrowing requirements of the government from all sources. The goal of measuring the primary deficit is to focus on present fiscal imbalances. It is simply the fiscal deficit minus the interest payments. Gross primary deficit = Gross fiscal deficit – Net interest liabilities.
What type of vegetables are commonly grown hydroponically under controlled environments?
What is the term for the practice of intentionally slowing down or controlling the flowering and fruiting of plants by exposure to certain environmental...
Which was the first metal used by man?
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The operation of pulsing is done for ____
When there is one buyer and larger number of sellers, the market condition is known as
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“Flared or open” squares, Premature boll opening and shedding sypmtoms caused by:
Electron transport inhibition in PS-II (Photosystem II) for herbicidal action is observed in
Who is known as the father of 'university extension?