CameraIcon

SearchIcon

MyQuestionIcon

66

You visited us 66 times! Enjoying our articles? Unlock Full Access!

FOREX Policy

Very short an...

Question

Very short answer type question:
Define fiscal deficit.

Open in App

Solution

Fiscal deficit refers to the excess of total expenditure over total receipts (excluding borrowings) during the given fiscal year. Fiscal Deficit = Total Receipts (excluding borrowings)

Suggest Corrections

thumbs-up

0

Similar questions

Q. Very short answer type question:
What does fiscal deficit represent?

Q. Short answer type questions:
Distinguish between revenue deficit and fiscal deficit.

Q. Short answer type questions:
Explain the distinction between fiscal deficit and primary deficit.

Q. Short answer type questions:
Give the meaning of revenue deficit, fiscal deficit and primary deficit.

Q. Short answer type questions:
Discuss the two sources to finance fiscal deficit.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Foreign Exchange Policy

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon