If revenue expenditure is ₹ 980 crore, tax revenue is ₹ 410 crore and non-tax revenue is ₹ 365 crore, then find revenue deficit.

1. ₹ 615 crore
2. ₹ 205 crore
3. ₹ 765 crore
4. ₹ 570 crore

Payment of interest is:

1. Revenue expenditure.
2. Capital expenditure.
3. Primary deficit.
4. Fiscal deficit.

Budget is placed before:

1. Lok Sabha.
2. Rajya Sabha.
3. Both Lok Sabha and Rajya Sabha.
4. Parliament.

Zero ________ means that the government has to resort to borrowings only to make interest payments.

1. budget deficit
2. fiscal deficit
3. primary deficit
4. revenue deficit

Interest payments are subtracted from which deficit to arrive at Primary Deficit:

1. Revenue Deficit.
2. Capital Deficit.
3. Fiscal Deficit.
4. None of these.

Borrowing in government budget is: (choose the correct alternative)

1. Revenue deficit.
2. Fiscal deficit.
3. Primary deficit.
4. Deficit in taxes.

Expenditure by the government on the construction of a hospital building will be taken as ________ only as long as the hospital project is not completed.

1. plan revenue expenditure.
2. plan capital expenditure.
3. non-plan revenue expenditure.
4. non-plan capital expenditure.

If borrowings and other liabilities are added to the budget deficit, we get ______________.

1. Revenue deficit.
2. Capital deficit.
3. Primary deficit.
4. Fiscal deficit.

Pension payment is an example of:

1. Plan Expenditure.
2. Revenue Expenditure.
3. Capital Expenditure.
4. Non-Plan Expenditure.

When the government tries to meet the gap of public expenditure and public revenue through borrowing from the banking system, it is called _______.

1. Deficit financing.
2. Debt financing.
3. Credit financing.
4. None of them.