General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 50)
50.
Fiscal deficit in the Union Budget means
Discussion:
3 comments Page 1 of 1.
Sudhanshu said:
5 years ago
I think the Answer should be A.
Saurabh Gupta said:
1 decade ago
When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.
Investopedia: "A fiscal deficit is regarded by some as a positive economic event. For example, economist John Maynard Keynes believed that deficits help countries climb out of economic recession. On the other hand, fiscal conservatives feel that governments should avoid deficits in favor of a balanced budget policy. ".
Investopedia: "A fiscal deficit is regarded by some as a positive economic event. For example, economist John Maynard Keynes believed that deficits help countries climb out of economic recession. On the other hand, fiscal conservatives feel that governments should avoid deficits in favor of a balanced budget policy. ".
Raman said:
1 decade ago
Can one please help me in this ?
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