(a)the sum of 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 borrowing from the Reserve Bank of India
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Class 12Government Budget and the Economy— NCERT Economics, Chapter 5. The government budget — the Annual Financial Statement required by Article 112 — lists estimated receipts and expenditure for the financial year (1 April–31 March). It…
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