Indian Economy
Fiscal deficit in the Union Budget means

net increase in Union Governments borrowings from the Reserve Bank of India
the sum of budgetary deficit and net increase in internal and external borrowings
the sum of monetized deficit and budgetary deficit
the difference between current expenditure and current revenue

ANSWER DOWNLOAD EXAMIANS APP

Indian Economy
Subsidies mean

payment made by the government to business enterprises, without buying any goods and services
payment made by business enterprises to factors of production
payment by government for purchase of goods and services
payment made by companies to shareholders

ANSWER DOWNLOAD EXAMIANS APP