What is fiscal deficit? - CUETMOCK

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Consider the data about a government budget and answer the following:

What is fiscal deficit?

Options:

₹ 10,000 crores

₹ 12,000 crores

₹ 15,000 crores

₹ 8,000 crores

Correct Answer:

₹ 15,000 crores

Explanation:

The correct answer is Option 3: ₹ 15,000 crores

Fiscal deficit is same as borrowing
Thus,

Fiscal deficit = 15,000 crores

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