Question 19
HardOriginal questionThe revenue deficit is ₹300 crore, capital expenditure is ₹500 crore and non-debt capital receipts are ₹100 crore. The fiscal deficit is
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
FD = revenue deficit + capital expenditure − non-debt capital receipts.
= 300 + 500 − 100 = ₹700 crore.
- Concept
- Fiscal deficit from the revenue deficit
- Typical timeTypical
- 100 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Budget Deficits, at your own pace.