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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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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)

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