**Calculate Revenue Deficit from the Following Data:**| S.No | Items | ₹ (in crore) ||------|------------------------|--------------|| (i) | Revenue Receipts | 50,000 || (ii) | Revenue Expenditure | 60,000 |To calculate the revenue deficit, subtract the revenue receipts from the revenue expenditure:**Revenue Deficit = Revenue Expenditure - Revenue Receipts**In this case:**Revenue Deficit = 60,000 crore - 50,000 crore = 10,000 crore**

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Answered: Calculate revenue deficit from the…

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Economics

Calculate revenue deficit from the following data: S.No. ? (in crore) Items (1) Revenue receipts 50,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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