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Fiscal Deficit - Introduced in 1986 on the recommendation of Sukhmoy Chakravarty committee - Fiscal deficit is the difference between the government's total expenditure and its total receipts excluding borrowing - A large share of revenue deficit in fiscal deficit indicates that consumption expenditure is more than investment expenditureWhich is/are correct?

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Fiscal Deficit - Introduced in 1986 on the recommendation of Sukhmoy Chakravarty committee - Fiscal deficit is the difference between the government's total expenditure and its total receipts excluding borrowing - A large share of revenue deficit in fiscal deficit indicates that consumption expenditure is more than investment expenditure<br>Which is/are correct?






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