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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
Fiscal deficit equals :
(a) Interest payments
(b) Borrowings
(c) Interest payments less borrowing
(d) Borrowing less interest payments
Define fiscal deficit.
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.
Explain the relation between government deficit and government debt.
Fiscal deficit = ______.
Which of the following factors necessitated the need for economic reforms?
A fiscal deficit is equal to borrowings. It is ______
The difference between fiscal deficit and interest payment is known as ______
What is relation between government deficit and government debt?
Which of the following statements are correct
Statement 1: Fiscal deficits are not necessarily inflationary; though, they are generally regarded as inflationary.
Statement 2: When the government expenditure increases and tax reduces, there is a government deficit and there will be a corresponding increase in the aggregate demand.
______ are the transactions between the residents of two countries that take place due to consideration of profit.
______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.
If India exports goods worth ₹20 crores and imports goods worth ₹30 crores, it will have a ______
Which of the following statements is true?
Primary deficit is borrowing requirements of government for making:
Fiscal deficit equals:
The shape of average revenue curve in monopoly is ______
On the basis of the given information, calculate the value of:
- Fiscal deficit
- Primary deficit
| S.No. | Items | 2021-22 (₹ in crore) |
| (i) | Revenue Receipts | 20 |
| (ii) | Capital Expenditure | 15 |
| (iii) | Revenue Deficit | 10 |
| (iv) | Non-debt creating capital receipts | 50% of revenue receipts |
| (v) | Interest Payments | 4 |
