How is this sum done ?

Dear student
(a) revenue deficit =  revenue expenditure - revenue receipt(tax revenue + non tax revenue)
                             = RS 3,700 - rs(1,200 + 2,000)
                           = rs 500 crores
(b) fiscal deficit =total expenditure (revenue expenditure + capital expenditure) - revenue receipt ( tax revenue + non tax revenue)- non debt capital receipt(recovery of loans  and disinvestment)
                       = RS (3,700 +500) - RS(1,200 + 2,000) - RS (145 + 120)
                          = RS 4,200 - RS 3200 - RS 265
                             = RS 4200 - RS 3465
                        = RS 735 CRORES
Regards

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