Which of the following components is not included in Fiscal Deficit ?
Public debt is excluded from the receipts used to calculate the fiscal deficit. Fiscal deficit equals total expenditure minus revenue receipts and non-debt capital receipts;…
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Which of the following components is not included in Fiscal Deficit ?
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Correct answer B
Public debt is excluded from the receipts used to calculate the fiscal deficit. Fiscal deficit equals total expenditure minus revenue receipts and non-debt capital receipts; interest payments enter expenditure, while non-tax revenue and disinvestment receipts reduce the deficit.
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Rajasthan SET (RSET)