Question

What is Fuscal Deficit ?

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Answer 1

The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. ... The government's support to the Central plan is called Gross Budgetary Support.

Answer 2

Answer:

Definition of 'Fiscal Deficit' Definition: The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. ... The government's support to the Central plan is called Gross Budgetary Support.

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