The excess of government's revenue expenditure over revenue receipts is known as ______.

fiscal deficit

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

primary deficit

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

budget deficit

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

revenue deficit

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

Open in App

Solution

The correct option is D revenue deficit
A revenue deficit occurs when the net income generated falls short of the projected net income.
This happens when the actual amount of revenue received and/or the actual amount of expenditures do not correspond with budgeted revenue and expenditure figures.

Suggest Corrections

Similar questions

Q. Match List I with List II and select the correct answer using the codes given below the lists:

List I (Term)	List II (Explanation)
A. Fiscal deficit	1. Excess of total expenditure over receipts
B. Budget deficit	2. Excess of revenue expenditure
C. Revenue deficit	3. Excess of total expenditure over total receipts less borrowings
D. Primary deficit	4. Excess of total expenditure over total receipts less borrowings and interest payments

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

Q. Match List-I with List-II and select the correct answer using the code given the lists.

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

Q. In a government budget, revenue deficit is

R s . 40 c r o r e s

. If revenue receipts are

R s . 90 c r o r e s

and capital receipts

R s . 60 c r o r e s

, then how much is the revenue expenditure.

In a government budget, if revenue receipts = Rs. 100 lakh, capital receipts = Rs. 50 lakh and revenue deficit = Rs. 25 lakh, how much is the revenue expenditure?

Join BYJU'S Learning Program

The excess of government's revenue expenditure over revenue receipts is known as ______.

The correct option is D revenue deficitA revenue deficit occurs when the net income generated falls short of the projected net income. This happens when the actual amount of revenue received and/or the actual amount of expenditures do not correspond with budgeted revenue and expenditure figures.

The correct option is D revenue deficit
A revenue deficit occurs when the net income generated falls short of the projected net income.
This happens when the actual amount of revenue received and/or the actual amount of expenditures do not correspond with budgeted revenue and expenditure figures.