Maharashtra State Board course HSC Science (Computer Science) 12th Board Exam
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Define Or Explain the Concept of Deficit Budget . - Economics

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Question

Define or explain the concept of Deficit budget .

Solution

Deficit budget refers to the excess of the total budgeted expenditure over the total budgeted receipts. In other words, budget deficit implies a situation where the total budget receipts of the government fall short of the total budget expenditure of the government. That is, Deficit budget = Government expenditure > Government revenue

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 2012-2013 (March) (with solutions)
Question 2.1.8 | 2.00 marks
 2009-2010 (October) (with solutions)
Question 2.1.8 | 2.00 marks
Solution Define Or Explain the Concept of Deficit Budget . Concept: Components of Budget.
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