Fiscal deficit in the Union budget means I.A.S. (Pre) 199

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Fiscal deficit in the Union budget means

I.A.S. (Pre) 1994

[Fiscal Policy, Inflation Planning and Banking]

the sum of budgetary deficit and net increase in internal and external borrowings

the difference between current expenditure and current revenue

the sum of monetized deficit and budgetary deficit

net increase in Union Government's borrowings from the Reserve Bank of India

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