Question

Question No. 17
• Which of the following is a result of fiscal deficit​

Answer 1

Answer:

The difference between total revenue and total expenditure of the govt. Is termed as fiscal deficit it is an indication of the total borrowing needed by the government. While calculating the total revenue borrowing Are not include

Explanation:

The gross fiscal deficit is the excess of total expenditure including loans net of recovery over revenue receipt and non debt capital recipet. The net fiscal deficit is the gross fiscal deficit less net lending of the central government.