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in Economics by (45.3k points)
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From the following data about a government budget, find: 

(a) revenue deficit 

(b) fiscal deficit and 

(c) primary deficit 

(i) Tax revenue 47 ( ₹ In Arab) 
(ii) Capital receipts 34
(iii) Non-tax revenue 10
(iv) Borrowings 32
(v) Revenue expenditure 80
(vi) Interest payments 20

1 Answer

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Best answer

(a) Revenue Deficit 

= Revenue expenditure – Revenue receipts 

= Revenue expenditure – (Tax revenue + Non-tax revenue) 

=80 – (47+ 10) 

=80- 57 

= ₹23 Arab 

(b) Fiscal Deficit 

= Borrowings 

= ₹32 Arab 

(c) Primary Deficit 

= Fiscal deficit – Interest payments 

=32 – 20= ₹12Arab

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