Q27: Which of the following is best described as: Excess of total expenditure over total non-debt receipts of | UPSC EPFO APFC 2026

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Which of the following is best described as: Excess of total expenditure over total non-debt receipts of government

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Question ID #26415 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Indian Economy Sectional Test 2026 Medium

Which of the following is best described as: Excess of total expenditure over total non-debt receipts of government

Correct Answer: C. Fiscal deficit
The correct answer is Fiscal deficit. Excess of total expenditure over total non-debt receipts of government

Question: Which of the following is best described as: Excess of total expenditure over total non-debt receipts of government

A. Consumer Price Index

B. Foreign exchange reserves

C. Fiscal deficit

D. Capital or financial account

Correct Answer: C. Fiscal deficitThe correct answer is Fiscal deficit. Excess of total expenditure over total non-debt receipts of government

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Which of the following is best described as: Excess of total expenditure over total non-debt receipts of government - MCQ Explanation

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Correct answer: C. Fiscal deficit