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shruti bhardwaj
22 Aug 2022 10:43 AM study24x7 study24x7

 Fiscal deficit in the Union Budget means

A

the difference between current expenditure and current revenue

B

net increase in Union Governments borrowings from the Reserve Bank of India

C

the sum of budgetary deficit and net increase in internal and external borrowings

D

he sum of monetized deficit and budgetary deficit

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  • Harshit

    • Fiscal deficit is the word used to describe the gap between the government's total revenue and total outlays. It serves as a gauge for the total amount of borrowings the government will require.

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    Reply 22 Aug 2022 01:03 PM
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