Assertion (A) >: Fiscal deficit is greater than budgetary deficit. Reason (R) >: Fiscal deficit is the borrowings from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.

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Q: 100 (IAS/1999)

Assertion (A): Fiscal deficit is greater than budgetary deficit.
Reason (R): Fiscal deficit is the borrowings from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.
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question_subject: 

Economics

question_exam: 

IAS

stats: 

0,162,151,162,56,62,33

keywords: 

{'fiscal deficit': [0, 2, 2, 4], 'budgetary deficit': [1, 2, 0, 1], 'borrowings': [0, 2, 0, 3], 'expenditure': [2, 0, 2, 4], 'other liabilities': [0, 1, 0, 0], 'reserve bank': [1, 0, 3, 4], 'india': [8, 1, 7, 13], 'government': [5, 0, 0, 1]}