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Write the formula for calculation of fiscal deficit.

+3 votes

asked Feb 17, 2018 in Class 10 by kratos

Write the formula for calculation of fiscal deficit.

budget
class-10
public finance

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1 Answer

+4 votes

answered Apr 5, 2021 by kratos

Best answer

The formula of fiscal deficit is (Revenue receipts + Non-debt Capital Receipts) – Total Expenditure.

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