Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
550 views
in Economics by (50.8k points)

Explain the importance of fiscal deficit. ?

1 Answer

+1 vote
by (70.2k points)
selected by
 
Best answer

Fiscal deficit is an useful instrument for giving a direction to the economy because. 

I. It helps in increasing amount of capital expenditure in the economy. 

II. Government can collect more resources for meeting out its expenditures

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...