Match List I with List II

List I (Term)
  1. Fiscal deficit
  2. Budget deficit
  3. Revenue deficit
  4. Primary deficit
List II (Explanation)
  • Excess of total Expenditure over Total Receipts
  • Excess of Revenue Expenditure over Revenue Receipts
  • Excess of Total Expenditure over Total Receipts less borrowings & Interest Payments
  • Excess of Total Expenditure over Total Receipts less borrowings
Correct Answers
1. Excess of Total Expenditure over Total Receipts less borrowings 2. Excess of total Expenditure over Total Receipts 3. Excess of Revenue Expenditure over Revenue Receipts 4. Excess of Total Expenditure over Total Receipts less borrowings & Interest Payments