Government Budget and the Economy-Measures of Government Deficit [CBSE (Central Board of Secondary Education) Class-12 Economics]: Questions 1 - 8 of 8
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Question 1
Question 2
Write in Brief One Liner▾
Can there be a fiscal deficit in a government budget without a revenue deficit? Explain.
EditQuestion 3
Write in Short Short Answer▾
What are the implications of a large revenue deficit? Give two measures to reduce this deficit.
EditQuestion 4
Question 5
Appeared in Year: 2011
Describe in Detail Subjective▾
From the following data about a Government budget, find out (a) Revenue deficit, (b) Fiscal deficit and (c) Primary deficit:
(₹ Arab) | |
Capital receipts net of borrowings | 95 |
Revenue expenditure | 100 |
Interest payments | 10 |
Revenue receipts | 80 |
Capital expenditure | 110 |
Explanation
(a) Revenue Deficit = Revenue Expenditure – Revenue Receipts
100 - 80 = Rs 20 Arab
(b) Fiscal deficit = Revenue expenditure + Capital expenditure - Revenue r…
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Question 6
Appeared in Year: 2006
Write in Short Short Answer▾
In a government budget, revenue deficit is ₹ 50,000 crores and borrowings are ₹ 75,000 crores. How much is the fiscal deficit?
EditQuestion 7
Explanation
Fiscal deficit is defined as excess of total expenditure and total receipts excluding borrowings.
Its formula is Fiscal Deficit = Total Expenditure – Total Receipts other then borrowing and other liabilities.
The implicati…
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Question 8
Explanation
Fiscal deficit:- It measures the total borrowing requirements of the government. It is used as a budgetary tool for understanding the budget developments in India. Fiscal deficit refers to the excess of total expenditure over total receipts Fiscal Deficit = Total Expenditure – Total Receipts excluding borrowings.
Implication of fiscal deficit is giv…
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