Question:

When Government spends more than its revenue collection, such excess is known as:
Options:

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Fiscal deficit is a key measure of a country's total borrowing requirements from all sources.
Updated On: Nov 5, 2025
  • Primary deficit
  • Fiscal deficit
  • Budgetary deficit
  • Revenue deficit
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The Correct Option is B

Solution and Explanation

Fiscal deficit occurs when the total government expenditure exceeds its total revenue collection, excluding borrowings.
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