Question

7.If tax revenue=52 crores,nontax
revenue=RS.14 crores and revenue
expenditure=RS.92 crores ,then
revenue deficit is
1.Rs.40 crores
O 2.Rs.26 crores
O 3.Rs.66 crores
O 4.Rs.78 crores​

Answer 1

Answer:

26 crores

Explanation:

formula:-

revenue deficit = revenue expenditure - revenue receipts

revenue receipts = tax revenue + non tax revenue

given:-

tax revenue = 52 crore

non tax revenue = 14 crores

revenue expenditure = 92 crores

according to formula

(52+14) - 92 = 26 ..!