Question
Economics Question on Budget
The government budget of a hypothetical economy presents the following information:
Revenue Expenditure = ₹25,000 crores
Capital Expenditure = ₹35,000
crores Capital Receipts = ₹30,000 crores
Revenue Receipts = ₹20,000 crores
Interest Payment = ₹10,000 crores
Borrowings = ₹20,000 crores
Which of the following is Budget Deficit ?
A
₹12,000 crores
B
₹10,000 crores
C
₹20,000 crores
D
₹5,000 crores
Answer
₹10,000 crores
Explanation
Solution
The correct option is (B):₹10,000 crores