Cueprepcueprep

UPSC CSE Prelims Deficits & Fiscal Management Flashcards

Master 10 deficits & fiscal management concepts for the UPSC CSE Prelims.

Try these cards

Question

Complete the formula for Fiscal Deficit:


Fiscal Deficit = Total Expenditure - (Revenue Receipts + Capital Receipts)

Question

Consider the following statements about 'Revenue Deficit':

  1. It implies that the government is borrowing to finance its day-to-day consumption.
  2. It includes capital expenditure incurred on infrastructure. Which of the statements given above is/are correct?

3 more cards in this deck

Sign up free to unlock all cards with spaced repetition scheduling

Ready to study UPSC CSE Prelims?

Spaced repetition helps you remember more with less effort. Start with a free account — no credit card required.