Which of the following statements about government budget and deficits are correct? (A) A balanced budget occurs when government revenues equal its expenditures. (B) Fiscal deficit represents the total borrowing requirements of the government from all sources. (C) A revenue deficit indicates that the government is unable to meet its regular expenditure from its regular revenues. (D) Primary deficit accounts for the total fiscal deficit minus interest payments.

1
1. (A), (B), (C)
2
2. (B), (C), (D)
3
3. (A), (C), (D)
4
4. (A), (B)

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