1.

Match the following: A. Fiscal Deficit 1. Difference between Total Expenditure and total receipts B. Budget Deficit 2. Difference between Revenue Expenditure and Revenue Receipt C.Revenue 3.Difference between Total Expenditure and Revenue Receipts plus nondebt creating capital receipts D. Primary 4. Difference between Total xpenditure and Revenue Receipts plus nondebt creating capital receipts minus interest payments1). A3 B1 C2 D42). A4 B3 C2 D13). A1 B3 C2 D44). A3 B1 C4 D2

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option 1 is the CORRECT ANSWER as per the answer key



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