12th Class Economics Sample Paper Economics - Sample Paper-5

  • question_answer
    The estimated income receipts of the government in the budget of 2016-17 is Rs. 25,000 crore and its estimated expenditure is Rs. 27,500crore. The budget of the government is

    A) balanced           

    B)               deficit

    C) surplus              

    D)   None of these

    Correct Answer: B

    Solution :

    Deficit                                   


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