What is revenue deficit?

PYQ SSC JE (Junior Engineer) 2022

What is revenue deficit?

  1. A.

    It is the excess of government’s total expenditure over total receipts.

  2. B.

    It is the difference between revenue and capital expenditure.

  3. C.

    It is the excess of government’s revenue expenditure over revenue receipts.

  4. D.

    It is the excess of government’s capital expenditure over capital receipts.

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