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  9. Q68

BPSC (Bihar PCS) 2015 · Question 68 of 135

Effective Revenue Deficit was introduced in the Union Budget of

Economy

  1. A2010-11
  2. B2011-12Correct
  3. C2009-10
  4. D2012-13

Answer: B. 2011-12

Explanation

Effective Revenue Deficit: Introduction in Union Budget The term Effective Revenue Deficit is a fiscal indicator used to measure the deficit that impacts the capital creation capacity of the government. Understanding when this metric was introduced is crucial for analyzing fiscal policy changes over

Source: prepp.in

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