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Question
Define revenue
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Solution
Revenue is the money a firm receives by selling a good (sale) in the market.
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RELATED QUESTIONS
‘The fiscal deficit gives the borrowing requirement of the government’. Elucidate.
Give the relationship between the revenue deficit and the fiscal deficit.
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Government should try to control the rising fiscal deficit.
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is MOST LIKELY to be the main contributor to the fiscal deficit in this case?
Read the following statements carefully and choose the correct alternatives given below:
Statement 1: Fiscal Deficit = Total Budget Expenditure - Total Budget Receipts (Net of borrowing)
Statement 2: Primary Deficit = Fiscal Deficit + Interest Payments.
______ in the budget is an important measure of deficit.
The difference between fiscal deficit and interest payment is known as ______
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 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 ______
Primary deficit is borrowing requirements of government for making:
Fiscal deficit equals:
How good is the system of G.S.T as compared to the old tax system?
