MCQOPTIONS
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| 1. |
What is a fiscal deficit? [Punjab and Sindh Bank 2011] |
| A. | It is a gap between the values of exports and imports |
| B. | It is a gap between exports and imports minus external borrowings |
| C. | It is a gap between total expenditure and total receipts of the government |
| D. | It is a gap between total receipts minus external borrowings |
| Answer» E. | |