UPSC Principle and Vice Principle GK/GS Basic Economic Concepts and Structure of the Indian Economy Part - 1

Which option correctly matches Fiscal deficit broadly represents the excess of government expenditure over with its desc...

Type: MCQ • Marks: 1

Which option correctly matches Fiscal deficit broadly represents the excess of government expenditure over with its description?

A. Government receipts excluding borrowings

B. Exports

C. Imports

D. Currency in circulation

Explanation

Fiscal deficit indicates the borrowing requirement arising from the gap between expenditure and non-borrowed receipts.

UPSC Principal & Vice Principal GK/GS

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