Civil Services TNPSC Group 1 (New Syllabus) Mock Test 2025 General Knowledge Economy Money and Banking
Which of the following is correct regarding the Revenue Budget?
1
It comprises the capital receipts of the government.
2
Borrowings and loans of a government are included in revenue receipts.
3
Mostly the difference between revenue receipts and revenue expenditure is positive.
4
The difference between revenue receipts and revenue expenditure is termed as the revenue deficit.