CSEET · Economic and Business Environment · Indian Union Budget
In a Union Budget, revenue receipts are ₹30 lakh crore, capital receipts excluding borrowings are ₹2 lakh crore, total expenditure is ₹45 lakh crore, and revenue expenditure is ₹36 lakh crore. What are the capital expenditure and the fiscal deficit respectively?
Capital expenditure is ₹9 lakh crore, being total expenditure of 45 minus revenue expenditure of 36. Fiscal deficit is ₹13 lakh crore, being expenditure of 45 minus revenue receipts of 30 and non-debt capital receipts of 2. Ignoring the non-debt receipts would wrongly give 15.
- A₹9 lakh crore and ₹13 lakh croreCorrect
- B₹9 lakh crore and ₹15 lakh crore
- C₹15 lakh crore and ₹13 lakh crore
- D₹6 lakh crore and ₹13 lakh crore
Explanation
Capital expenditure = total expenditure − revenue expenditure = 45 − 36 = ₹9 lakh crore. Fiscal deficit = total expenditure − (revenue receipts + non-debt capital receipts) = 45 − (30 + 2) = ₹13 lakh crore. The option showing 15 wrongly ignores the non-debt capital receipts, treating 45 − 30 as the deficit.
Did you get it right without looking?
One question tells you little. A timed set on Indian Union Budget shows your real accuracy, how long you take and where you lose marks.
More Indian Union Budget questions
- Under Article 112 of the Constitution of India, the document laid before Parliament each year showing the Government's estimated receipts an…
- Which statement about the escape clause in the FRBM framework is correct?
- Total expenditure is Rs 48,00,000 crore, revenue receipts are Rs 31,00,000 crore, non-debt capital receipts are Rs 2,00,000 crore and intere…
- In the Indian Union Budget, the revenue deficit is defined as the excess of:
- In the Indian Union Budget classification, which of the following is treated as a capital receipt of the Central Government?
- In a Union Budget, total revenue receipts are ₹30 lakh crore, of which tax revenue (net to the Centre) is ₹24 lakh crore. Revenue expenditur…