____________ is the difference between the government's total expenditure and its total receipts excluding borrowing. Option 1: Fiscal deficit Option 2: Revenue deficit Option 3: Primary deficit Option 4: Capital deficit

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

CUET Economics - ____________ is the difference between the government's total expenditure and its total receipts excluding borrowing. | PYQs + Solutions

CUET Economics 2026 6th June Shift 1

Macro

Easy

Fiscal deficit

Revenue deficit

Primary deficit

Capital deficit

✅ Correct Option: 1