Q.
What is fiscal deficit?
About: Money
Asked by santhosh singh,
22 May '10 03:42 pm
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Answers (6)
1.
Fiscal deficit is an economic phenomenon, where the Government's total expenditure surpasses the revenue generated . It is the difference between the government's total receipts (excluding borrowing) and total expenditure. Fiscal deficit gives the signal to the government about the total borrowing requirements from all sources.
Answered by Ram Raj, 22 May '10 05:13 pm
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2.
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Answered by OPERATORCALLS, 23 May '10 09:49 pm
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6.
When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.
Answered by mohd yousuf, 22 May '10 03:46 pm
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