Advertisements
Advertisements
प्रश्न
Distinguish between revenue deficit and fiscal deficit.
Advertisements
उत्तर
| Sr. No. | Basis of difference | Revenue deficit | Fiscal deficit |
| 1. | Meaning | Excess of revenue expenditure of the government over its revenue receipts. | Excess of the total budget expenditure over total budget receipts net of borrowings. |
| 2. | Significance | The regular receipts of the government are not enough to meet its regular expenditures. | The borrowings of the government, i.e., the debt capital receipts of the government. |
| 3. | Formula | Revenue deficit = Revenue expenditure − Revenue receipts | Fiscal deficit = Total budget expenditure − (Total budget receipts − borrowings) i.e. Fiscal deficit = Borrowings |
APPEARS IN
संबंधित प्रश्न
Suppose that for a particular economy, investment is equal to 200, government purchases are 150, net taxes (that is lump-sum taxes minus transfers) is 100 and consumption is given by C = 100 + 0.75Y (a) What is the level of equilibrium income? (b) Calculate the value of the government expenditure multiplier and the tax multiplier. (c) If government expenditure increases by 200, find the change in equilibrium income.
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.
Are fiscal deficits inflationary?
Answer the following question.
In the given figure, what does the gap 'KT' represent? State any two fiscal measures to correct the situation.
Suppose you are a member of the "Advisory Committee to the Finance Minister of India". The Finance Minister is concerned about the rising Revenue Deficit in the budget.
Suggest anyone measure to control the rising Revenue Deficit of the government.
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?
Which of the following factors necessitated the need for economic reforms?
Assertion (A): Fiscal deficit is measured in terms of borrowings.
Reason (R): External borrowings increases the Fiscal deficit.
______ are the transactions between the residents of two countries that take place due to consideration of profit.
Which of the following transactions are correct about ORT?
Which of the following points are related to the current alarm?
Identify the correctly matched pair of the items in Column A to those in Column B:
| Column A | Column B | ||
| 1 | Fiscal Deficit | (a) | Other than interest payments |
| 2 | Primary Deficit | (b) | Borrowings less interest payments |
| 3 | Revenue Deficit | (c) | Borrowings |
| 4 | Tax Deficit | (d) | Borrowings in government budget |
Primary deficit is borrowing requirements of government for making:
Identify 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 |
 |
 |
How good is the system of G.S.T as compared to the old tax system?
