Solved UPSC CDS/OTA Question
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Q · Budget and Its TypesMedium · 45s
Budget Deficit means:
TopicBudget and Its Types
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
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Budget Deficit = Govt. spending is more than its income (without counting borrowings).
Final Answer: Option C - Expenditure more than receipts (without borrowings)