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Question
Match the following:
List
List II
(Planets)
(Satellites)
1. Fiscal deficit
A. Excess of total expenditure over total receipts less borrowing
2. Budget deficit
B. Excess of total expenditure over total receipts
3. Revenue deficit
C. Excess of revenue expenditure over revenue receipts
4. Primary deficit
D. Excess of total expenditure over total receipts less borrowings and interest payments
Select the answer using the following codes: 1 2 3 4
Options:
A .  C A D B
B .  A B C D
C .  B A C D
D .  D A B C
Answer: Option B
Answer: (b)
Fiscal deficit is excess of total expenditure over total receipts less borrowing.
Budget deficit is excess of total expenditure over total receipts.
Revenue deficit is excess of revenue expenditure over revenue receipts.
Primary deficit is excess of total expenditure over total receipts less borrowings and interest payments.

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