[amp_mcq option1=”the excess of total expenditure, including loans, net of lending over revenue receipts” option2=”difference between revenue receipts and revenue expenditure” option3=”difference between all receipts and all the expenditure” option4=”fiscal deficit less interest payments” correct=”option1″]<\/p>\n
The correct answer is: A. the excess of total expenditure, including loans, net of lending over revenue receipts.<\/p>\n
A budget deficit is the amount by which a government’s spending exceeds its revenue in a given year. It is calculated by taking the total expenditure, including loans, net of lending, and subtracting the revenue receipts.<\/p>\n
The budget deficit can be financed by borrowing, which increases the national debt. It can also be financed by printing money, which can lead to inflation.<\/p>\n
A large budget deficit can be a sign of economic problems, such as a recession or a decline in tax revenue. It can also be a sign of government overspending.<\/p>\n
However, a small budget deficit can be a sign of a healthy economy, as it indicates that the government is investing in infrastructure and other projects that will boost economic growth.<\/p>\n
Here is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”the excess of total expenditure, including loans, net of lending over revenue receipts” option2=”difference between revenue receipts and revenue expenditure” option3=”difference between all receipts and all the expenditure” option4=”fiscal deficit less interest payments” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"class_list":["post-21423","post","type-post","status-publish","format-standard","hentry","category-indian-economy","no-featured-image-padding"],"yoast_head":"\n