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Fiscal deficit in the Union Budget means
(a) The sum f budgetary deficit and net increase in internal
and external borrowings
(b) The difference between current expenditure and current
revenue
(c) The sum of monetized deficit and budgetary deficit
(d) Net increase in Union Government’s borrowings from the
Reserve Bank of India
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Answer Posted / anonymous
(b) The difference between current expenditure and current revenue
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