what is difference between revenue deficit and fical
deficit ?
- 4 Answers
- 8455 Views
- I also Faced
- E-Mail Answers
Answer Posted / purna chandra msb
Revenue deficit-When the net amount received (revenues less
expenditures) falls short of the projected net amount to be
received. This occurs when the actual amount of revenue
received and/or the actual amount of expenditures do not
correspond with predicted revenue and expenditure figures.
This is the opposite of a revenue surplus, which occurs
when the actual amount exceeds the projected amount.
Fiscal deficit-A situation in which liabilities exceed
assets, expenditures exceed income, imports exceed exports,
or losses exceed profits.
| Is This Answer Correct ? | 17 Yes | 2 No |
Post New Answer View All Answers
What are the recent changes that have taken place in the banking sector?
What is the educational qualification required for the entrance exam?
What do you know about FI, FII and FDI?
What is Corporate finance, Corporate governance, Role of SEBI, Ratio analysis in terms of equity and capital structuring? Please post answers as soon as possible. thankyou.
What is the role of SMEs in boosting the Indian Economy?
Why the companies prefer preference capita rather than debenture capital?
Do you have any idea about the recent changes taking place in the Banking Sector?
What are NPA? How can they be reduced?
What is inventory/stock turnover ratio?
How do you assess the results of a logistic regression analysis?
Where was G 20 Summit held in 2016?
What are kiosks? These days' banks have come up with different kiosks. Name them.
What are the assets and liabilities of a bank?
What is gross profit ratio? What does it indicate?
Tell us about your qualification and subjects you studied?
