In a government budget, if revenue recei

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

In a government budget, if revenue receipts are Rs.1000, capital receipts are 250, revenue deficit is 500. What will be the revenue expenditure?

Options:

1500

1250

1750

750

Correct Answer:

1500

Explanation:

The correct answer is Option 1: 1500

Revenue deficit = Revenue expenditure - Revenue receipts.

500= Revenue expenditure - 1000

Revenue expenditure = 1500