{"id":21423,"date":"2024-04-15T06:06:00","date_gmt":"2024-04-15T06:06:00","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=21423"},"modified":"2024-04-15T06:06:00","modified_gmt":"2024-04-15T06:06:00","slug":"the-budget-deficit-means-a-the-excess-of-total-expenditure-including-loans-net-of-lending-over-revenue-receipts-b-difference-between-revenue-receipts-and-revenue-expenditure-c-difference-between","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-budget-deficit-means-a-the-excess-of-total-expenditure-including-loans-net-of-lending-over-revenue-receipts-b-difference-between-revenue-receipts-and-revenue-expenditure-c-difference-between\/","title":{"rendered":"The budget deficit means A. the excess of total expenditure, including loans, net of lending over revenue receipts B. difference between revenue receipts and revenue expenditure C. difference between all receipts and all the expenditure D. fiscal deficit less interest payments"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a97dc28c95aa\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    the excess of total expenditure, including loans, net of lending over revenue receipts                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    difference between revenue receipts and revenue expenditure                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    difference between all receipts and all the expenditure                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    fiscal deficit less interest payments                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: A. the excess of total expenditure, including loans, net of lending over revenue receipts.<\/p>\n<p>A budget deficit is the amount by which a government&#8217;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<p>The budget deficit can be financed by borrowing, which increases the national debt. It can also be financed by printing money, <div class=\"youtube-subscribe-container\">\r\n <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> which can lead to inflation.<\/p>\n<p>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<p>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<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: The excess of total expenditure, including loans, net of lending over revenue receipts. This is the correct answer.<\/li>\n<li>Option B: Difference between revenue receipts and revenue expenditure. This is not the correct answer, as it does not include loans.<\/li>\n<li>Option C: Difference between all receipts and all the expenditure. This is not the correct answer, as it does not include loans.<\/li>\n<li>Option D: Fiscal deficit less interest payments. This is not the correct answer, as it does not include loans.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/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":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The budget deficit means A. the excess of total expenditure, including loans, net of lending over revenue receipts B. difference between revenue receipts and revenue expenditure C. difference between all receipts and all the expenditure D. fiscal deficit less interest payments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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