Which deficit includes only such transactions that affect the current income and expenditure of the government ? Option 1: Revenue deficit Option 2: Fiscal deficit Option 3: Primary deficit Option 4: Budget deficit

The answer is 'Revenue deficit'. View full solution:

CUET Economics - Which deficit includes only such transactions that affect the current income and expenditure of the government ? | PYQs + Solutions

CUET Economics 2023 11 June Shift 3

Macro

Easy

Revenue deficit

Fiscal deficit

Primary deficit

Budget deficit

✅ Correct Option: 1

Related questions:

CUET Economics 2022 Slot 2

Identify the correct statements from the following:

A. Revenue expenditure is any lay out that result in a decrease in financial assets or an increase in financial liabilities

B. Capital expenditure is expenditure which results in creation of financial assets or reduction in financial liabilities

C. Capital receipts are receipts which leads to reduction in financial assets or creation of liability

D. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liability

E. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability

Choose the correct answer from the options given below:

13 May Shift 1

From the following which product has been kept out from the GST ambit?

27 May Shift 2

To obtain an estimate of borrowing on account of current expenditures exceeding revenues, we need to calculate what has been called the primary deficit. Gross primary deficit...

CUET Economics 2023 11 June Shift 3 PYQs

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