Q: Fiscal deficit in the Union Budget means:
(a)the difference between current expenditure and current revenue.
(b)net increase in the borrowings of the Union Government from the Reserve Bank of India.
(c)the sum of budgetary deficits and the net increase in internal and external borrowings.
(d)None of the above
Correct Answer: (c)
The correct answer is (c) 'बजटीय घाटे का जोड़ और आंतरिक एवं बाह्य उधार में निरन्तर वृद्धि'. This question from the General Studies domain tests knowledge of Miscellaneous.