Q. What is the name of the difference between the total revenue and total expenditures of a country in a year?
Answer:
Fiscal Deficit
Notes: Fiscal Deficit is the difference between the total revenue and total expenditures of a country in a year.
The Fiscal Deficit at the end of November touched 59 per cent of the full year budget estimate. According to data released by the Controller General of Accounts (CGA), the fiscal deficit was ₹978,154 crore in the April-November period 2022-23.