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Budget

A budget is c...

Question

A budget is considered to be balanced when total receipts total expenditures.

A

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C

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Solution

The correct option is A =
A budget is considered to be balanced when total receipts is equal to total expenditures.

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Total expenditure of a government budget is Rs 75,000 crore and total receipts are Rs 45,000 crore. How much is the budget deficit?

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