Multiple choice

Co-relate the following definitions and their explanations A. Fiscal Deficit I. Difference between revenue income and revenue expenditure in a year B. Budget Deficit II. The total amount borrowed by the govt. in a year C. Revenue Deficit III. The amount borrowed by the govt. from reserve bank of India in a year D. Monetary Deficit IV. Total amount to be borrowed in a year thought internal borrowing from RBI as well as from foreign courtiers

  1. A.I, B.II, C.IV, D.III

  2. A.III, B.II, C.IV, D.I,

  3. A.IV, B.I, C.III, D.II,

  4. A.II.B.III.C.I
Reveal answer Fill a bubble to check yourself
D Correct answer

Keep practicing — related questions