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CUET Economics 2023 PYQs20 June Shift 1. Free, no login required.

Macro

past year questions, CUET Economics 2023 20 June Shift 1

Government Budget

past year questions, Macro, CUET Economics 2023 20 June Shift 1

Medium

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:

Solution

✅ Correct Option: 3

Revenue deficit occurs when revenue expenditure exceeds revenue receipts. It must be financed through capital receipts, namely Borrowings (A) and Disinvestment (C). Tax Revenue and Indirect Taxes are themselves revenue receipts, so including more of them reduces the deficit rather than 'financing' it. Hence A and C only.

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