CUET EconomicsMacro > EasyGift TaxIncome TaxCapital Gains TaxGoods and Services Tax (GST)✅ Correct Option: 4Related questions:15 May Shift 1Identify the correct statements from the following. (A) Borrowings are non-debt creating capital receipt. (B) Revenue deficit is same as borrowings of the government. (C) When a government spends more than it collects by way of revenue, it incurs a budget deficit. (D) The revenue deficit includes only such transactions that affect the current income and expenditure of the government. Choose the correct answer from the options given below:22 May Shift 2The difference between the government's total expenditure and its total receipts excluding borrowing.3 June Shift 1The Prime Minister of India, interacting with Pradhan Mantri Garib Kalyan Anna Yojana (PMGKY) beneficiaries, says that free ration has helped lakhs of poor during COVID pandemic. This is categorized as __________