Advertisements
Advertisements
Questions
Explain the meaning of fiscal deficit.
What is a fiscal deficit?
Explain the following concept in your own words.
Fiscal Deficit
Explain
Very Short Answer
Advertisements
Solution
- 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)
shaalaa.com
Is there an error in this question or solution?
