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in Government Budget and Economy by (56.2k points)

In one Government Budget, if Revenue Receipts is Rs. 500 crore, Capital Receipts is Rs. 300 crore and Revenue Deficit is Rs. 50 crore. Calculate Revenue Expenditure.

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Revenue deficit = Revenue expenditure – Revenue receipts
Revenue expenditure = Revenue deficit + Revenue receipts said
= Rs. 50 crore + Rs. 500 crore
= Rs. 550 crore.
Hence, Revenue Expenditure is Rs. 550 crore.

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