Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Download
Lesson-43 Types of Deficit part-2
461 plays

More
Lesson-43 Budget Deficit part-2 Fiscal deficit, Primary deficit and FRBMA

Rishi Jain
MBA,PGDFM Author of Bhavishya Arthik Patrika(for Civil Services), worked in SBI group for 7 years, teaching indian economy to UPSC student

Unacademy user
respected sir....national income ka lecture b upload kar dijiye...next sundy exam hai...so that we can revise it properly. ...regards.
  1. Back to Plus NEW] (Hindi) Foundation course on Economics for 2019 Rishi Jain o k followers 27th June to 13th August 2018 in this courne, Rishi Jain will comprehensively cover entire Indian Economy and elaborately explain topics, which will be helpful in GSS Paper-4 Indian Economy in Civil Service Exam The course will be conducted in Hindi and the notes will be provided in English 60 hours of live classes Private Discussion Forums Doubt clenring sessions and Live quizzes 7,500 includes 18GST Apply for this Plus Course O Last date to apply is 27th June Activate Wind About this course New Course launched. Introductory Price only for next 24 hours Live Sessions


  2. FISCAL DEFICIT TOTAL EXPENDITURE-[REVENUE RECEIPT+(CAPITAL RECEIPT-GOVERNMENT BORROWING)] TOTAL EXPENDITURE-[REVENUE RECEIPT+SMALLSAVING SCHEME OF GOVT+DISINVESTMENT+REPAYMENT OF LOAN]


  3. YEAR 2008-9 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 FISCAL DEFICIT 6.0% 6.5% 4.8% 5.8% 49% 4.4% 4.1% 3.9% 3.5% 3.5% 3.3%(TARGET)


  4. PRIMARY DEFICIT FISCAL DEFICIT- INTEREST PAYMENT


  5. YEAR 2008-9 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 PRIMARY DEFICIT 2.6% 3.2% 1.8% 2.7% 1.8% 1.1% 0.9% 0.7% 0.4% 0.4% 0.3%(TARGET)


  6. Match List I with List II and select the correct answer using the codes given below the lists List I Term) A. Fiscal deficit List II Explanation 1. Excess of Total expenditure over total receipts 2. Excess of Revenue Expenditure 3. Excess of Total Expenditure over Total Receipts less borrowings 4. Excess of Total Expenditure over Total Receipts less borrowings and Interest Payments Codes B. Budget deficit A B C D a. 3 1 2 4 b. 4 3 2 1 c. 1 3 2 4 d. 3 1 4 2 C. Revenue deficit D. Primary deficit


  7. FISCAL RESPONSIBILITY BUDGETORY MANAGEMENT ACT 2003 FRBMA - REVENUE DEFICIT -EFFECTIVE REVENUE DEFICIT - FISCAL DEFICIT


  8. Which one of the following statement is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns a. Fiscal deficit only b. Revenue deficit only c. Both fiscal deficit and revenue deficit d. Neither fiscal deficit nor revenue deficit


  9. 1 (b) 2 3 There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalising subsidies 4. Reducing import duty Select the correct answer using the codes given below a. Only 1 b. 2 & 3 c. 1, 2 & 3 d. 1, 2, 3 &4