12th Class Economics Government Budget And The Economy / सरकार का बजट और अर्थव्यवस्था Question Bank MCQs - Government Budget and Economy

  • question_answer
    Budget deficit is equal to total expenditure minus total receipts.

    A) True     

    B) False

    C) Partially true 

    D) Can't say

    Correct Answer: A

    Solution :

    Fiscal deficit and budget deficit are different. Fiscal deficit excludes borrowing while budget deficit includes borrowings.


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