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Byju's Answer
Standard XII
Economics
Primary Deficit & Revenue Deficit
What is a fis...
Question

What is a fiscal deficit?

A
It is a gap between the values of exports and imports.
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B
It is a gap between exports and imports minus external borrowings.
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C
It is a gap between total expenditure and total receipts of the govt.
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D
None of these
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Solution

The correct option is A None of these
It is the difference between the total expenditure and total revenue excluding borrowings.

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