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SECTION-C
Q.No. 49-54 are to be answered on the basis of following data:
Q.No. 49-54 are to be answered on the basis of following data:
| S,No. | Items | Budget Expenditure 2020-21 (percentage of GDP) |
|---|---|---|
| (i) | Revenue Receipts | 20.21 |
| (ii) | Gross Tax Receipts | 24.23 |
| (iii) | Net Tax Receipts | 16.36 |
| (iv) | Non - Tax Receipts | 3.85 |
| (v) | Non-debt Capital Receipts | 2.25 |
| (vi) | Non-debt Receipts | 22.46 |
| (vii) | Total Expenditure | 30.42 |
| (viii) | Revenue Expenditure | 26.30 |
| (ix) | Capital Expenditure | 4.12 |
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Question : 51
Total: 60
Revenue deficit in the government budget is:
(Choose the correct alternative)
(Choose the correct alternative)
Solution:
(d) Revenue Expenditure - Revenue Receipts
Explanation: Revenue deficit refers to excess of revenue expenditure over revenue receipts during the given fiscal years.
Explanation: Revenue deficit refers to excess of revenue expenditure over revenue receipts during the given fiscal years.
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