What is Budget Deficit? - Study24x7
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Preeti Mishra
14 Apr 2023 10:53 AM study24x7 study24x7

What is Budget Deficit?

A

When expenses exceed revenue and indicate the financial health of a country

B

Shortage of funds with the government to maintain its day-to-day affairs

C

The shortfall in a government's income compared with its spending

D

Difference between the current year's fiscal deficit and interest payment on previous borrowings

Commerce
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