In a government budget, revenue receipts= Rs. 14,200, revenue expenditure = Rs. 5,700,

and capital receipts net of borrowing= Rs. 5,000, capital expenditure = Rs. 18,300, and interest payments =Rs. 3,350, fiscal deficit will be --------------

 

please help immediately

Solution:

Fiscal deficit
= Revenue expenditure + Capital expenditure - Revenue receipts - Capital receipts (net of borrowings)
                       = 5,700 + 18,300 - 14,200 - 5,000
                       = Rs. 4,800 

  • 1
What are you looking for?