A) It is a gap between the values of the Exports and Imports
B) It is a gap between Exports and Imports minus external borrowings
C) It is a gap between total expenditure and total receipts of the Government
D) It is a gap between total receipts minus External Borrowing
E) None of these
Correct Answer: C
Solution :
It is a gap between total expenditure and total receipts of the Government.
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