Home / MCQ Bank / Commerce

Commerce Business Environment And International Business Difficulty: Medium

Which of the following deficits are true in their representation? (1) Budget deficit = Total expenditure - Total receipts (2) Revenue deficit = Revenue expenditure - Revenue receipts (3) Fiscal deficit = Total expenditure - Total receipts except borrowings (4) Primary deficit = Fiscal deficit - Interest payments

Select the correct option to test your answer:

More Commerce Questions

Universal life policies are kept in force even if premiums are not paid, provided its cash value was sufficient to pay for the following items:- Marginal costing is concerned with: "Double entry system is that system of book keeping where accounting is done through personal and impersonal accounts." This definition was given by- If the individual firm's demand curve is coincident with the market demand curve then Maximum number of partners prescribed in