NextMockSearch exams, e.g. SSC CGL, UPPSC, Lekhpal
Railways PYQCBT 1 2016

RRB NTPC · Question 99

Union Government Budget deficit for a particular financial year represents

  1. Total amount of revenue receipts.

  2. Total amount of capital receipts.

  3. The amount of money that the Government has to borrow.

  4. Total amount of estimated Government expenditure.

Show answer & explanation

Answer: (C) The amount of money that the Government has to borrow.

Explanation

A budget (fiscal) deficit is the gap by which the government's total expenditure exceeds its total receipts excluding borrowings. It shows the amount the government must borrow to meet its expenses in that year.