1681: Match List I with List II and select the correct answer using the codes given below the Lists :
List I (Term)
I. Fiscal deficit
II. Budget deficit
III. Revenue deficit
IV. Primary deficit
List II (Explanation)
(A) Excess of Total Expenditure over Total Receipts
(B) Excess of Revenue Expenditure over Revenue Receipts
(C) Excess of Total Expenditure over Total Receipts less borrowings
(D) Excess of Total Expenditure over Total Receipts less borrowings and Interest Payments
Codes:
(a) I-C, II-A, III-B, IV-D
(b) I-D, II-C, III-B, IV-A
(c) I-A, II-C, III-B, IV-D
(d) I-C, II-A, III-D, IV-B