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प्रश्न
Explain 'Revenue Deficit in a Government budget? What does it indicate?
What is revenue deficit in government budget?
Explain the meaning of Revenue deficit
What is revenue deficit?
Define revenue deficit
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उत्तर
Revenue deficit means the excess of revenue expenditure of the government over its revenue receipts.
Revenue deficit = Revenue expenditure − Revenue receipts
Revenue deficit is indicated to the government as follows:
- Regular receipts of the government are not enough to meet regular expenditures.
- The government is using up savings of other sectors of the economy to meet its consumption expenditure.
- This gives a signal to either reduce its expenditure or increase its revenue. Curtail expenditure by taking steps to avoid unproductive expenses and increase revenue from various sources of tax and non-tax revenues
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संबंधित प्रश्न
Define fiscal deficit.
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100 (a) Find the equilibrium level of income and the autonomous expenditure multiplier in the model. (b) If government expenditure increases by 30, what is the impact on equilibrium income? (c) If a lump-sum tax of 30 is added to pay for the increase in government purchases, how will equilibrium income change?
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100, calculate the effect on output of a 10 per cent increase in transfers, and a 10 per cent increase in lump-sum taxes. Compare the effects of the two.
Explain why the tax multiplier is smaller in absolute value than the government expenditure multiplier.
Explain the relation between government deficit and government debt.
Are fiscal deficits inflationary?
What do you understand by G.S.T?
Fiscal deficit = ______.
The primary deficit in a government budget is ______.
| 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?
Assertion (A): Fiscal deficit is measured in terms of borrowings.
Reason (R): External borrowings increases the Fiscal deficit.
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 the transactions between the residents of two countries that take place due to consideration of profit.
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 |
Fiscal deficit equals:
The shape of average revenue curve in monopoly is ______
