CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

From the following data about a government budget, calculate the revenue deficit.

Tax Revenue50Capital Receipts35Non-tax Revenue20Borrowings30Revenue Expenditures80Interest Payments25


A

55

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

10

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

30

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

80

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

10


Revenue Deficit = Revenue Expenditure - (Tax Revenue + Non-tax Revenue)

Revenue Deficit = 80 - (50+20) = 80 - 70 = 10


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Revenue budget
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon