WBCS.LIVE practice question

Which of the below mentioned elements occurs when the government’s revenue expenditure is more than its revenue receipts?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Fiscal Deficit
  2. Revenue Deficit
  3. Budgetary Deficit
  4. Capital Deficit

Correct answer and explanation

Correct answer: Revenue Deficit