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Question

Economics Question on Objectives of government budget

The government budget of a hypothetical economy presents the following information:
(A) Revenue expenditure = ₹25,000 crores
(B) Capital expenditure = ₹35,000 crores
(C) Capital receipt = ₹30,000 crores
(D) Revenue receipt = ₹20,000 crores
(E)Interest payment = ₹0,000 crores
(F) 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