What is Fiscal deficit?1). It occu rs when a government's total revenue exceeds the total expenditure excluding borrowings.2). t is the difference between governments total receipts and its total expenditu re including borrowings.3).It occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings.4). No option is correct.

What is Fiscal deficit?1). It occu rs when a government's total revenu

1.	What is Fiscal deficit?1). It occu rs when a government's total revenue exceeds the total expenditure excluding borrowings.2). t is the difference between governments total receipts and its total expenditu re including borrowings.3).It occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings.4). No option is correct.
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