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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Fiscal and Monetary Policy

  • question_answer
          Fiscal deficit means:

    A) Total receipts minus expenditure

    B) Total receipts minus interest payments on external debt

    C) Revenue receipts minus ex-penditure

    D) Revenue receipts minus defense expenditure

    Correct Answer: C

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