Q. 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
βœ… Correct Answer: (C) the sum of budgetary deficit and net increase in internal and external borrowings

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