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Lalit Singh • 4.06K Points
Extraordinary Economic

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
  • Correct Answer - Option(C)
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  • Filed under category Economic

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