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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

The difference between total expenditure and total receipts including loans and other liabilities is called ______. - Economics

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Question

The difference between total expenditure and total receipts including loans and other liabilities is called ______.

Options

  • Fiscal deficit

  • Budget deficit

  • Primary deficit

  • Revenue deficit

MCQ
Fill in the Blanks

Solution

The difference between total expenditure and total receipts including loans and other liabilities is called Fiscal deficit.

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Budget
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Chapter 9: Fiscal Economics - Model Questions [Page 209]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 9 Fiscal Economics
Model Questions | Q 12. | Page 209
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