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प्रश्न
Define fiscal deficit.
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उत्तर १
The fiscal deficit is the excess of total expenditure, i.e. revenue and capital expenditure, over total receipts. This measure reflects total borrowings of the government during the financial year.
उत्तर २
Fiscal deficit refers to the excess of total expenditure over total receipts, excluding borrowings, during the given fiscal year.
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संबंधित प्रश्न
Distinguish between revenue deficit and fiscal deficit.
Define revenue
‘The fiscal deficit gives the borrowing requirement of the government’. Elucidate.
We suppose that C = 70 + 0.70Y D, I = 90, G = 100, T = 0.10Y (a) Find the equilibrium income. (b) What are tax revenues at equilibrium Income? Does the government have a balanced budget?
Suppose marginal propensity to consume is 0.75 and there is a 20 per cent proportional income tax. Find the change in equilibrium income for the following (a) Government purchases increase by 20 (b) Transfers decrease by 20.
Does public debt impose a burden? Explain.
Discuss the issue of deficit reduction.
Fiscal deficit = ______.
Which of the following statement is true?
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is MOST LIKELY to be the main contributor to the fiscal deficit in this case?
When the revenue receipts are less than the revenue expenditures in a government budget, this shortfall is termed as
______ in the budget is an important measure of deficit.
The difference between fiscal deficit and interest payment is known as ______
______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.
How do we get the primary deficit from the fiscal deficit?
If India exports goods worth ₹20 crores and imports goods worth ₹30 crores, it will have a ______
Which of the following statements is true?
Compare the trends depicted in the figures given below:
| Figure 1: Trends in Fiscal deficit and Primary deficit |
Figure 2: Fiscal deficit as a percent of Budget estimate |
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