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?
Harrod Domar model was the main idea behind the _______ Five Year Plan.
Money supply is a _______ concept.
When was the Rashtriya Swasthya Bima Yojana introduced to provide health insurance to people below the poverty line?
Which of the following is a component of the SHG-bank linkage program in India?
