Revenue receipts are ₹3,000 crore and revenue expenditure is ₹2,800 crore. The revenue account shows

a revenue surplus of ₹200 croreCorrect answerYour answera revenue deficit of ₹200 croreCorrect answerYour answera fiscal deficit of ₹200 croreCorrect answerYour answerno surplus or deficitCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Revenue expenditure − revenue receipts = 2,800 − 3,000 = −200.
A negative revenue deficit is a revenue surplus of ₹200 crore.

Concept: Revenue surplus
Typical timeTypical: 70 s
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The rule this testsRevenue deficit

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Revenue receipts are ₹3,000 crore and revenue expenditure is ₹2,800 crore. The revenue account shows

Explanation