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Economics MCQs

A budgetary deficit means _____.

    1. Capital expenditure is more than capital revenue
    2. Capital expenditure is more than current revenue
    3. Total expenditure is more than current revenue
    4. Total expenditure is more than total revenue

The cause of inflation is _____.

    1. Increase in money supply
    2. Fall in production
    3. Increase in money supply and fall in production
    4. Decrease in money supply and fall in production

Fiscal deficit in the budget means _____.

    1. Revenue deficit plus the net borrowings of the government
    2. Budgetary deficit plus the net borrowings of the government
    3. Capital deficit plus revenue deficit
    4. Primary deficit minus capital deficit
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