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LISHAM PRIYO SINGH

· started a discussion

· 1 Months ago

wrong option (Question: 222732.0 )

wrong option given

Question:
Budgetary deficit means
Options:
A) Deficit of Net Income over Net Projected Income
B) Excess of public revenue over public expenditure
C) Deficit of public expenditure over public revenue
D) Deficit of public revenue over public expenditure
E) None of these
Solution:
Ans: (a) Budgetary deficit occurs when the governments expenses exceed its revenues. It is the difference between the receipts and expenses pertaining to the capital and revenue accounts of the government.

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
We have resolved the error occured.
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