Government Budget And The Economy / सरकार का बजट और अर्थव्यवस्था
12th Class
Economics
Government Budget And The Economy / सरकार का बजट और अर्थव्यवस्था
Question Bank
MCQs - Government Budget and Economy
question_answer
The estimated income receipts of the government in the budget of 2019-20 is Rs. 25,000 crore and its estimated expenditure is Rs. 27,500 crore. The budget of the government is
A)balanced
B)deficit
C)surplus
D)None of these
Correct Answer:
B
Solution :
As expenditures exceeds receipts, there is a deficit.