CUET Preparation Today
CUET
Economics
Macro Economics: Government Budget and Economy
Consider the data about a government budget and answer the following:
What is revenue deficit?
₹ 25,000 crores
₹ 22,000 crores
₹ 21,000 crores
₹ 20,000 crores
Revenue deficit = Revenue expenditure – Revenue receipts Revenue deficit = ₹ 70,000 crores – ₹ 50,000 crores Revenue deficit = ₹ 20,000 crores