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Budget Deficits · Question 33 of 51

Question 33

MediumOriginal question

Total expenditure ₹3,000 crore, revenue receipts ₹2,200 crore, borrowings ₹600 crore and other capital receipts ₹200 crore. The fiscal deficit is

Options for question 33

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Non-debt receipts = 2,200 + 200 = 2,400.

  2. FD = 3,000 − 2,400 = ₹600 crore, which matches the borrowings.

Worth noting

₹0 counts the borrowings as receipts; the fiscal deficit is what the borrowings are for.

Concept
Fiscal deficit equals borrowings
Typical time
70 s
Your time
—
The rule this testsCalculating the deficits
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