Calculate the value of revenue deficit, if tax revenue is ₹1000 crores, non-tax revenue is ₹500 crores, capital receipts are ₹2000  crore and revenue expenditure are ₹4000 crore.

₹2,500 crores

The correct answer is option (1) : ₹2,500 crores

Given:

• Tax revenue = ₹1000 crores
• Non-tax revenue = ₹500 crores
• Revenue expenditure = ₹4000 crores

Total Revenue: Add tax revenue and non-tax revenue.
Total Revenue = ₹1000 crore + ₹500 crore = ₹1500 crore

Revenue Deficit: Subtract total revenue from revenue expenditure.
Revenue Deficit = Revenue Expenditure - Total Revenue
Revenue Deficit = ₹4000 crore - ₹1500 crore

                        = ₹2500 crore