Which of the following correctly defines “Fiscal Deficit”? - Study24x7
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Dev kumar
02 Sep 2025 12:43 PM study24x7 study24x7

Which of the following correctly defines “Fiscal Deficit”?

A

Total expenditure minus total revenue (excluding borrowings)

B

Total expenditure minus revenue receipts only

C

Revenue deficit minus capital receipts

D

Total revenue minus total expenditure

UPSC
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