Question

Fiscal Deficit =_________

a) Total Expenditure – Total Receipt

b) Total Expenditure-(Revenue Receipts+ Non borrowing Capital Receipts)

c) Total Expenditure- Revenue Receipts

d) Total Expenditure – Capital Receipts​

Answer 1

C)toatal expenditure-revenue recipts

Answer 2

Answer:

The term fiscal deficit is defined as all expenditure minus all receipts except borrowings. Fiscal deficit = Total Expenditure – Total Receipts except borrowings

Explanation:

so it is correct answer