Question

Difference between revenue expenditure and revenue receipts is
(a) fiscal deficit ( )
(b) revenue deficit ( )
(c) primary deficit ( )​

Answer 1

Answer:

Difference Between Primary Deficit and Revenue Deficit

Primary Deficit is Fiscal Deficit net of Interest Payment. ... Revenue deficit is the excess of revenue expenditure over revenue receipts. Significance. It indicates the Borrowing requirements of the government for the purpose other than interest payment.

Explanation:  

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