Why borrowing is not included in …
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Posted by Amanjeet Gupta 5 years, 11 months ago
- 2 answers
Yogita Ingle 5 years, 11 months ago
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While calculating the total revenue, borrowings are not included.
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Aman Siwach 5 years, 11 months ago
0Thank You