WBCS.LIVE practice question

Which of the following best represents the Revenue Deficit?

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

Answer options

  1. Revenue Expenditure + Revenue Receipts
  2. Primary Deficit – Fiscal Deficit
  3. Revenue Expenditure – Revenue Receipts
  4. Primary Deficit + Fiscal Deficit

Correct answer and explanation

Correct answer: Revenue Expenditure – Revenue Receipts