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प्रश्न
Identify which of the following statements is true.
विकल्प
The difference between planned revenue expenditure and planned revenue receipts is called Fiscal deficit.
The difference between total planned expenditure and total planned receipts is called fiscal deficit.
The difference between total planned receipts and interest payment is called primary deficit.
The sum of primary deficit and interest payment is called a fiscal deficit.
MCQ
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उत्तर
The sum of primary deficit and interest payment is called a fiscal deficit.
Explanation:
It is the difference between total expenditure and total receipts, excluding borrowings.
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