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प्रश्न
Explain the meaning of fiscal deficit.
What is a fiscal deficit?
Explain the following concept in your own words.
Fiscal Deficit
स्पष्ट करा
अति संक्षिप्त उत्तर
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उत्तर
- Fiscal deficit refers to the difference between the total budget expenditure and total budget receipts of the government, other than the borrowings and liabilities.
- Fiscal Deficit = Budget Expenditure – Budget Receipts (other than borrowing and liabilities)
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