Which of the following defines Fiscal deficit?

A. Revenue Receipt + Capital Receipts - Total Expenditure

B. Budget deficit + Government's market borrowings and liabilities

C. Revenue Receipts - Capital Receipts + Total Expenditure

D. Budget deficit - Government's market borrowings and liabilities

Select the correct answer from the codes given below:

1
Only A
2
A and B
3
Only C
4
C and D

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