What is revenue 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 revenue deficit?

Options:

₹ 25,000 crores

₹ 22,000 crores

₹ 21,000 crores

₹ 20,000 crores

Correct Answer:

₹ 20,000 crores

Explanation:

The correct answer is Option 4: ₹ 20,000 crores

Revenue deficit = Revenue expenditure – Revenue receipts
Revenue deficit = ₹ 70,000 crores – ₹ 50,000 crores
Revenue deficit = ₹ 20,000 crores

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