In which of the following situations does the government run a deficit budget?
When the government expenditure exceeds revenue.
A deficit budget occurs when the government’s expenditure exceeds its revenue, leading to borrowing or additional debt.
This situation is common in periods of economic challenges when spending exceeds earnings.
Thus, the correct answer is when the government expenditure exceeds revenue.
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Important Questions from Economy
According to the Ministry of Road Transport and Highways' annual report (2020-2021), which position does India have in terms of road networks in the world?
When was the Rashtriya Swasthya Bima Yojana introduced to provide health insurance to people below the poverty line?
The minimum requirement of microfinance loans for NBFC-MFIs is ________.
Which five-year plan emphasised on the development of industries and industrial base in India?
Which of the following is an example of capital receipts?
