Fiscal deficit in the Union Budget means : the difference between current expenditure and current revenue net increase in Union Governments borrowings from the Reserve Bank of India. the sum of budgetary deficit and net increase in internal and external borrowings the sum of monetised deficit and budgetary deficit Choose the correct option from the code : Options: A . &nbsp2 and 4 only B . &nbspAll of the above C . &nbsp3 only D . &nbsp2 only

Fiscal deficit in the Union Budget means : the difference between current exp

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Fiscal deficit in the Union Budget means :

the difference between current expenditure and current revenue

net increase in Union Governments borrowings from the Reserve Bank of India.

the sum of budgetary deficit and net increase in internal and external borrowings

the sum of monetised deficit and budgetary deficit

Choose the correct option from the code :

Options:

A . 2 and 4 only

B . All of the above

C . 3 only

D . 2 only

Answer: Option C
Answer: (c)
When a government’s total expenditure exceeds the revenue that it generates (excluding money from borrowings).
Deficit differs from debt, which is an accumulation of yearly deficits. A fiscal deficit is regarded by some as a positive economic event.

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