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

  • question_answer
    If total expenditure is Rs. 2,000 and total receipts is Rs. 1,500. Fiscal deficit will be equal to

    A) Rs. 2,000

    B) Rs. 1,500

    C) Rs. 500

    D) Can the determined

    Correct Answer: D

    Solution :

    Total receipts are comprised of debt creating capital receipts, which are excluded from fiscal deficit. Thus, in this case fiscal deficit can’t be calculated.


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