What is a current account deficit? Option: The level of inflation in a country, The rate at which a country's currency is exchanged, The difference between a country's spending and its earnings, The amount of debt a country has

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What is a current account deficit?

The level of inflation in a country

The rate at which a country's currency is exchanged

The difference between a country's spending and its earnings

The amount of debt a country has

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What does the Fiscal Deficit represent?

The trade deficit between India and other countries

The amount of money printed by the Reserve Bank of India

The difference between government revenue and expenditure

The total amount of money borrowed by the government

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What is the fiscal deficit?

The difference between government revenue and expenditure when expenditure exceeds revenue

The total amount of money printed by the central bank

The total amount of debt owed by the government

The difference between government revenue and expenditure when revenue exceeds expenditure

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What does a fiscal deficit indicate about a government's financial situation?

"The government is spending more than it earns."

"The government is reducing its debt levels."

"The government is investing heavily in infrastructure."

"The government has a surplus of funds."

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What is the significance of the fiscal deficit as a percentage of GDP?

It indicates the level of government efficiency

It is a key indicator of a country's economic health

It reflects the country's reliance on foreign aid

It measures the government's ability to control inflation

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What does it mean when a government experiences a fiscal surplus?

"Government is facing an economic downturn"

"Government expenditure exceeds revenue"

"Government debt is increasing"

"Government revenue exceeds expenditure"