Discussion :: Indian Economy
- Fiscal deficit in the Union Budget means
|
A.
the difference between current expenditure and current revenue |
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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 |
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D.
the sum of monetized deficit and budgetary deficit |
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Answer : Option C
Explanation :
Fiscal deficit in the Union Budget means the sum of budgetary deficit and net increase in internal and external borrowings.
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