- Fiscal deficit represents the total borrowing requirement of the government. - It is calculated as the excess of total expenditure over total non-debt creating receipts. - Borrowings are excluded from receipts when calculating the fiscal deficit.
Fiscal deficit in the Central Budget of India is
Asked in WBCS Main Paper 5 2023 · Topic: Fiscal Policy & Revenue (Fiscal Deficits: Concepts, measures, and financing of deficits)
Show answer
Answer: D. total expenditure minus total receipts exclud‐ ing borrowings and other liabilities.
More Economic Development questions
- India's fiscal deficit has touched _________ of the FY 19 Budget target of Rs. 6.24 lakh crore during the period of 9 months from April to December 2018.
- How much percentage fiscal deficit in India is estimated of Gross Domestic Product in Union attempted
- What is the target of fiscal deficit as a percentage of GDP in 2018-19 budget of Central Government of India?
- Q67: The target for fiscal deficit in the Union Budget 2016-17 has been placed at
- Q84: Fiscal deficit in the Union Budget means - राजकोीय घाटे का के न्द्रीय बजट में अस्थिर्ष है - - A) The sum of monetized deficit and budgetary deficit - B) The difference between current expenditure and current revenue - C) The difference between plan and non-plan expenditure - D) The sum of budgetary deficit and net increase in internal and external borrowings
- Effective Revenue Deficit equals : - Question not attempted
- Which of the following defines Fiscal deficit ? (i) Revenue Receipt + Capital Receipts - Total Expenditure. (ii) Budget deficit + Government's borrowings and liabilities (iii) Revenue Receipts - Capital Receipts + Total Expenditure (iv) Budget deficit - Government's market borrowings and liabilities Select the correct answer from the codes given below :
- Which of the following is true about 'Primary Deficit' of budget?