Revenue expenditure =22250
Capital expenditure=28,000
Revenue receipts= 17,750
Capital revenue (net of borrowing )= 20,000
Interstate payment=5,000
Borrowing =12,500
Find revenue deficit and fiscal deficit
Dear Student
1. Revenue Deficit = Revenue expenditure -Revenue Receipts = Rs. 22,250 - Rs.17,750 = Rs. 4,500
1. Revenue Deficit = Revenue expenditure -Revenue Receipts = Rs. 22,250 - Rs.17,750 = Rs. 4,500
2. Fiscal deficit = Revenue expenditure + Capital expenditure - Revenue receipts -Capital receipts (net of borrowings)
= 22,250 + 28000 - 17750 - 20,000 = 12500
Regards
= 22,250 + 28000 - 17750 - 20,000 = 12500
Regards