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A type of budget where expenditure exceeds income. - Home Science

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प्रश्न

A type of budget where expenditure exceeds income.

विकल्प

  • Balanced

  • Surplus

  • Deficit

  • Excess

MCQ

उत्तर

Deficit

Explanation: A deficit is a sum of money that is insufficient. As a result, in a deficit budget, the expenditure exceeds the income.

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Management of Household Finances: Budgeting and Saving
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2022-2023 (March) Official

संबंधित प्रश्न

Explain any five benefits of making a budget.


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