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0 votes
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in Economics by (62.4k points)

Fiscal deficit = ________

(A) Total income – total expenditure
(B) Total expenditure – total income
(C) Total expenditure – total income (Including market borrowings)
(D) Total expenditure – total income (Excluding market borrowings)

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1 Answer

+1 vote
by (59.2k points)

Correct option is (D) Total expenditure – total income (Excluding market borrowings)

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