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when government spends more than its revenue colle
Question:
When Government spends more than its revenue collection, such excess is known as:
Options:
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Fiscal deficit is a key measure of a country's total borrowing requirements from all sources.
UP Board XII - 2024
UP Board XII
Updated On:
Nov 5, 2025
Primary deficit
Fiscal deficit
Budgetary deficit
Revenue deficit
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The Correct Option is
B
Solution and Explanation
Fiscal deficit occurs when the total government expenditure exceeds its total revenue collection, excluding borrowings.
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