Practicing Success
Practicing Success
CUET Preparation Today
In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options. Assertion (A)- Budget deficit is defined as the excess of total estimated expenditure over total estimated revenue including borrowings. Reason (R)- Revenue deficit is concerned with the difference between revenue expenditure and revenue receipts excluding the borrowings. |
Both (A) and (R) are true and (R) is the correct explanation. Both (A) and (R) are true but (R) is not the correct explanation of (A). (A) Is true but (R) is false. (A) Is false but (R) is true. |
(A) Is true but (R) is false. |
Revenue deficit is concerned with the revenue expenditures and revenue receipts of the government. Revenue deficit = Revenue expenditure + Revenue receipts |
