Find fiscal deficit, given the following information:

Items (Rs)

(i) Estimated total expenditure of the government 1,50,000

(ii) Revenue receipts 1,20,000

(iii) Non-debt capital receipts 10,000

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Solution

Fiscal Deficit

= Total expenditure of the government - [Revenue receipts + Non-debt capital receipts]

= Rs. 1,50,000 - [Rs. 1,20,000 + Rs. 10,000]

= Rs. 1,50,000 - Rs. 1,30,000

= Rs. 20,000

Fiscal deficit = Rs. 20,000

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Similar questions

From the following data about a government budget, find (a) revenue deficit, (b) fiscal deficit, and (c) primary deficit:

Items (Rs in lakh)

(i) Tax revenue 50

(ii) Revenue expenditure 110

(iii) Capital expenditure 210

(iv) Non-tax revenue 30

(v) Capital receipts net of borrowing 140

(vi) Interest payments 20

Particulers	(Rs. in Crore)
(i) Primary Deficit	8,000
(ii) Fiscal Deficit	11,000
(iii) Non-debt Creating Capital Receipts	9,000
(iv) Revenue Deficit	5,000

Particulers	(Rs. in Crore)
(i) Revenue Deficit	6,000
(ii) Revenue Expenditure	11,000
(iii) Capital Expenditure	14,000
(iv) Non-debt Creating Capital Receipts	8,000
(v) Interset Payments	7,000

List-I (Type of budget deficit)	List-II (Measurement of deficit)
A. Revenue Deficit	$1$ . Gap between total expenditure and total receipts
B. Fiscal Deficit	$2$ . Excess of revenue expenditure over revenue receipts
C. Primary Deficit	$3$ . Fiscal deficit less interest payments
D. Budgetary Deficit	$4$ . Difference between revenue receipts plus certain non-debt capital receipts and the total expenditure including loans, net of repayments

Find Fiscal Deficit from the information given below:

Items (Rs in lakh)

(i) Borrowing by the government 600

(ii) Revenue receipts 100

(iii) Capital receipts 750

(iv) Interest payment 150

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