Categorize the following items into Revenue and Capital Expenditure.
Statement- Expenditure on construction of Metro.

State any one objective of government budget.

Is borrowing by the government a revenue receipt?

Categorize the following items into Revenue and Capital Receipts.
Statement-Foreign aid against earthquake victims.

In a Government budget, primary deficit is ₹ 10,000 crores and interest payment is ₹ 8,000 crores. How much is the fiscal deficit?

Categorize the following items into Revenue and Capital Expenditure.
Statement-Purchase of 20 cranes for the construction of flyovers.

Define the term ‘tax’.

If you are the Finance Minister of India and want to set up the budget, then what type of budget would you like to set in case of excess demand?

What is the significance of revenue deficit?

What is revenue deficit?