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प्रश्न
Define fiscal deficit
Explain the meaning of Fiscal deficit
What is fiscal deficit?
उत्तर १
The fiscal deficit is the excess of total expenditure, i.e. revenue and capital expenditure over
total receipts. This measure reflects total borrowings of the government during the financial year
उत्तर २
Fiscal deficit refers to the excess of total expenditure over total receipts excluding borrowings during the given fiscal year.
उत्तर ३
Fiscal deficit refers to the difference between the total budget expenditure and total budget receipts of the government, other than the borrowings and liabilities. That is,
Fiscal Deficit = Budget Expenditure – Budget Receipts (other than borrowing and liabilities)
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संबंधित प्रश्न
‘The fiscal deficit gives the borrowing requirement of the government’. Elucidate.
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100 (a) Find the equilibrium level of income and the autonomous expenditure multiplier in the model. (b) If government expenditure increases by 30, what is the impact on equilibrium income? (c) If a lump-sum tax of 30 is added to pay for the increase in government purchases, how will equilibrium income change?
Consider an economy described by the following functions:- C = 20 + 0.80Y, I = 30, G = 50, TR = 100, calculate the effect on output of a 10 per cent increase in transfers, and a 10 per cent increase in lump-sum taxes. Compare the effects of the two.
Suppose marginal propensity to consume is 0.75 and there is a 20 per cent proportional income tax. Find the change in equilibrium income for the following (a) Government purchases increase by 20 (b) Transfers decrease by 20.
Explain the relation between government deficit and government debt.
Discuss the issue of deficit reduction.
| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is the formula for revenue deficit?
Which of the following factors necessitated the need for economic reforms?
Read the following statements carefully and choose the correct alternatives given below:
Statement 1: Fiscal Deficit = Total Budget Expenditure - Total Budget Receipts (Net of borrowing)
Statement 2: Primary Deficit = Fiscal Deficit + Interest Payments.
A fiscal deficit is equal to borrowings. It is ______
The difference between fiscal deficit and interest payment is known as ______
What is relation between government deficit and government debt?
Which of the following transactions are correct about ORT?
If India exports goods worth ₹20 crores and imports goods worth ₹30 crores, it will have a ______
Which of the following statements is true?
Fiscal Deficit equals:
Fiscal deficit equals:
How good is the system of G.S.T as compared to the old tax system?
