{"id":85119,"date":"2025-06-01T03:03:55","date_gmt":"2025-06-01T03:03:55","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=85119"},"modified":"2025-06-01T03:03:55","modified_gmt":"2025-06-01T03:03:55","slug":"the-excess-of-total-expenditure-of-government-over-its-total-receipts","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-excess-of-total-expenditure-of-government-over-its-total-receipts\/","title":{"rendered":"The excess of total expenditure of Government over its total receipts,"},"content":{"rendered":"

The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as<\/p>\n

[amp_mcq option1=”Primary deficit” option2=”Fiscal deficit” option3=”Current deficit” option4=”Capital deficit” correct=”option2″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-1 – 2021<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct answer is B) Fiscal deficit.
\n<\/section>\n
\nFiscal deficit is defined as the difference between the government’s total expenditure and its total receipts, excluding borrowings. It indicates the total borrowing requirement of the government.
\n<\/section>\n
\nPrimary deficit is calculated as fiscal deficit minus interest payments. Current deficit and Capital deficit are not standard terms for the overall deficit measure described; government finances are typically divided into Revenue account (leading to Revenue deficit) and Capital account (leading to Capital deficit), and Fiscal deficit combines these, representing the total gap covered by borrowing.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as [amp_mcq option1=”Primary deficit” option2=”Fiscal deficit” option3=”Current deficit” option4=”Capital deficit” correct=”option2″] This question was previously asked in UPSC CDS-1 – 2021 Download PDFAttempt Online The correct answer is B) Fiscal deficit. Fiscal deficit is defined as the difference between the … <\/p>\n

Detailed SolutionThe excess of total expenditure of Government over its total receipts,<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1110,1120,1196],"class_list":["post-85119","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1110","tag-economic-development","tag-fiscal-policy-revenue","no-featured-image-padding"],"yoast_head":"\nThe excess of total expenditure of Government over its total receipts,<\/title>\n<meta name=\"description\" content=\"The correct answer is B) Fiscal deficit. Fiscal deficit is defined as the difference between the government's total expenditure and its total receipts, excluding borrowings. 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