alleryMatch each budgetary deficit metric with its exact formula:
A1-A, 2-B, 3-C
B1-B, 2-A, 3-C
C1-C, 2-B, 3-A
D1-A, 2-C, 3-B
Answer & Solution
Correct answer: A. 1-A, 2-B, 3-C
Fiscal deficit measures total borrowing. Revenue deficit is operational shortfall. Primary deficit is fiscal minus interest.
Keep practising Government Budget and the Economy
Browse all Government Budget and the Economy questions for CBSE Class 12 (Arts), or explore more Economics topics.
Related questions
Match each public budget objective with its economic mechanism:Match each government expenditure with its classification:Match each government receipt with its classification:Since 1997-98, which deficit measure has no longer been shown in India's budget?A high fiscal deficit need not be inflationary whenA common criticism of deficits is that they areWithout any change in fiscal policy, the budget deficit tends toDebt owed to foreigners is a real burden because