Advertisements
Advertisements
Question
Define fiscal deficit.
Advertisements
Solution 1
The fiscal deficit is the excess of total expenditure, i.e. revenue and capital expenditure, over total receipts. This measure reflects total borrowings of the government during the financial year.
Solution 2
Fiscal deficit refers to the excess of total expenditure over total receipts, excluding borrowings, during the given fiscal year.
APPEARS IN
RELATED QUESTIONS
Explain 'Revenue Deficit in a Government budget? What does it indicate?
Define revenue
‘The fiscal deficit gives the borrowing requirement of the government’. Elucidate.
Discuss the issue of deficit reduction.
What do you understand by G.S.T?
Which of the following factors necessitated the need for economic reforms?
Assertion (A): Fiscal deficit is measured in terms of borrowings.
Reason (R): External borrowings increases the Fiscal deficit.
______ in the budget is an important measure of deficit.
______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.
How do we get the primary deficit from the fiscal deficit?
If India exports goods worth ₹20 crores and imports goods worth ₹30 crores, it will have a ______
Which of the following points are related to the current alarm?
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 |
Which of the following statements is true?
Primary deficit is borrowing requirements of government for making:
Identify which of the following statements is true.
Compare the trends depicted in the figures given below:
| Figure 1: Trends in Fiscal deficit and Primary deficit |
Figure 2: Fiscal deficit as a percent of Budget estimate |
 |
 |
How good is the system of G.S.T as compared to the old tax system?
