Match List - I with List - II:
List - I List - II
(a) Fiscal deficit  (i) Excess of total expenditure over total
receipts
(b) Budget deficit  (ii) Excess of revenue expenditure over
revenue receipts
(c) Revenue deficit  (iii) Excess of total expenditure over total
receipts less borrowings
(d) Primary deficit  (iv) Excess of total expenditure over total
receipts less borrowings and interest
payments

Choose the correct option from those given below :

1
(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
2
(a) - (i), (b) - (iii), (c) - (ii), (d) - (iv)
3
(a) - (iii), (b) - (iii), (c) - (ii), (d) - (i)
4
(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)

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