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This question belongs to General Knowledge Indian Economy

Indian Economy

?

Fiscal deficit in the Union Budget means

A) the difference between current expenditure and current revenue B) net increase in Union Governments borrowings from the Reserve Bank of India C) the sum of budgetary deficit and net increase in internal and external borrowings D) the sum of monetized deficit and budgetary deficit

Answer & Solution

Correct Answer: Option C

Fiscal deficit in the Union Budget means the sum of budgetary deficit and net increase in internal and external borrowings.

Question posted by Examveda

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