Скачать или смотреть Types of Budget Deficit Explained - Class 12 Macroeconomics (Full Concept)

In this video, we break down the concept of Budget Deficit from the Class 12 Macroeconomics chapter "Government Budget and the Economy." This is a crucial topic for board exams, and we explain it in the simplest way possible.
What you will learn in this video:
1. What is a Budget Deficit?
2. Revenue Deficit: Meaning and implications.
3. Fiscal Deficit: Why it is the most important measure of deficit.
4. Primary Deficit: How it differs from Fiscal Deficit.
5. Key formulas to remember for numerical questions.
Important Formulas Covered:
• Revenue Deficit = Revenue Expenditure – Revenue Receipts
• Fiscal Deficit = Total Expenditure – Total Receipts (excluding borrowings)
• Primary Deficit = Fiscal Deficit – Interest Payments
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