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?
15,000
30,000
45,000
1,20,000
Budget deficit = Revenues - Expenditure= 75,000 - 45,000= Rs 30,000 crore
The budget deficit is Rs 1,000 crores and the total expenditure is Rs 2,500 crores. The value of total receipts in the Government Budget is equal to ___ crores.