The government budget of a hypothetical economy presents following information, which of the following value represents Budgetary Deficit.
The government budget of a hypothetical economy presents following information, which of the following value represents Budgetary Deficit.
| (all fig. in Rs. crore) | |
| (i) RevenueExpenditure | = 25,000 |
| (ii) Capital Receipts | = 30,000 |
| (iii) Capital Expenditure | = 35,000 |
| (iv) Revenue Receipts | = 20,000 |
| (v) Interest Payments | = 10,000 |
| (vi) Borrowings | = 20,000 |
(a) Rs.12,000
(b) Rs.20,000
(c) Rs.10,000
(d) None of the above.
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(d) None of the above.
Budgetary Deficit = Revenue Expenditure + Capital Expenditure - (Revenue Receipts)
= 25,000 + 35,000 - (20,000 + 3,000)
= Rs. 50,000 crore
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