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Question

In a government budget, revenue deficit is 50,000 crores and borrowings are Rs. 75,000 crores. The fiscal deficit will be ______________.


A
Rs. 25,000 crores
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B
Rs. 75,000 crores
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C
Rs. 1,25,000 crores
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D
Rs. 50,000 crores
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Solution

The correct option is A Rs. 25,000 crores
Borrowings are equivalent to gross fiscal deficit.
Fiscal deficit= Borrowings - revenue deficit
                     = 75,000 crores - 50,000 crores
                     = 25,000 crores.

Economics

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