From the following data about a government budget, calculate the revenue deficit

Question

From the following data about a government budget, calculate the revenue deficit.

\begin{matrix} Tax Revenue & 50 Capital Receipts & 35 Non-tax Revenue & 20 Borrowings & 30 Revenue Expenditures & 80 Interest Payments & 25 \end{matrix}

Options:

A . 55

B . 10

C . 30

D . 80

Answer: Option B
:
B
Revenue Deficit = Revenue Expenditure -(Tax Revenue + Non-tax Revenue)
Revenue Deficit = 80 - (50+20) = 80 - 70 = 10

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