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Question Practice

What is meant by the term 'fiscal deficit'?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Government Budget And The Economy
Question Bank

What is meant by the term 'fis...

Single Answer MCQ
Q-00089179

What is meant by the term 'fiscal deficit'?

1

Excess of revenue over expenditure

2

A situation where total expenditure exceeds total revenue

3

Balance in the budget

4

The amount of money spent by the government on welfare

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Q4.

Which measure indicates the excess of revenue expenditure over revenue receipts?

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