Identify the correct option. Full form of 'ITC' in Indian Tax Context.

One kind of deficit in the annual Budget will have to be financed through borrowings. It indicates the total borrowing requirements of the government from all sources it is known as :

The Government Budget has a revenue deficit this can be financed by : ___________ .

A. Borrowings

B. Tax Revenue

C. Disinvestment

D. Indirect taxes

Choose the correct answer from the options given below:

Article 112 deals with :

Identify the government deficit calculated by the following formula:

Net borrowing at home + Borrowing from RBI + Borrowing from abroad.

Identify which of the following statements are correct?

(A) Fiscal deficit is the difference between total revenue and total expenditure excluding borrowing of the government.

(B) Fiscal deficit is the difference between total planned expenditure and total planned receipts of the government.

(C) Primary deficit is the difference between total planned receipt and interest payments.

(D) Fiscal deficit is the sum of primary deficit and interest payment.

Choose the correct answer from the options given below:

The intervention of the government whether to expand demand or reduce it constitutes which of the following function.