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BPSC Prelims 2020 General 📅 14 Feb, 2021

Revenue deficit in India implies that

A
the Indian Government needs to borrow in order to finance its expenses which will create capital assets
B
the Indian Government needs to borrow in order to finance its expenses which do not create capital assets
C
the Indian Government needs to borrow from the Reserve Bank of India against government securities
D
the Indian Government needs to borrow from international financial institutions
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BPSC Prelims
2020 • 14 Feb, 2021 • General
Revenue deficit in India implies that
Correct Answer
See Explanation
उपर्युक्त में से कोई नहीं/उपर्युक्त में से एक से अधिक...
Ref/Book : Revenue deficit occurs when revenue expenditure exceeds revenue receipts. It implies borrowing for consumption/day-to-day expenses rather than asset creation.
Ref. Subject राजस्व घाटा तब होता है जब राजस्व व्यय राजस्व प्राप्तियों से अधिक हो जाता है। इसका तात्पर्य संपत्ति न
Chapter Economy
Ref. Topic NCERT
Pg. No Macroeconomics
💡 Analysis & Explanation
Introduction ▼
उपर्युक्त में से कोई नहीं/उपर्युक्त में से एक से अधिक
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