Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

What is the focus of "Government budget"?

Options:

Maximise revenue deficit

Minimise fiscal deficit

Reduce unemployment and gender disparities

All of the above

Correct Answer:

Minimise fiscal deficit

Explanation:

The main focus of the government budget is to reduce the fiscal deficit. Which implies reduction in the borrowing level.