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Question
Which of the following statement is true?
Options:
A .  Loans from IMF are revenue receipts.
B .  A higher revenue deficit necessarily leads to a higher fiscal deficit. 
C .  Borrowing by a government represents a situation of fiscal deficit. 
D .  Revenue deficit is the excess of capital receipts over the revenue receipts. 
Answer: Option C
:
C
When there is a fiscal deficit, the government gets to borrow.

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