UPSC CSE Prelims 2001 Q73 — Indian Economy PYQ with Answer

Match List I with List II

and select the correct answer using the codes given below the Lists:

List I (Term)

I. Fiscal deficit

II. Budget deficit

III. Revenue deficit

IV. Primary deficit

List II (Explanation)

A) Excess of Total Expenditure over Total Receipts

B) Excess of Revenue Expenditure over Revenue Receipts

C) Excess of Total Expenditure over Total Receipts less borrowings

D) Excess of Total Expenditure over Total Receipts less borrowings and Interest Payments