Question

Given the following data estimate the values of revenue deficit

Tax revenue 1000
Non-tax revenue 150
Net borrowings by government 780
disinvestment proceeds 50
Revenue Expenditure 1500
Capital Expenditure 480​

Answer 1

Answer:

i am not sure if the my answer is correct

Explanation:

Answer 2

Revenue receipts =(1000+150)
Revenue expenditure =1500
=1150-1500
=350