2024 · Q95
"Mission Shakti" (DRDO) is the name given by India to
current-eventssci-tech-news
- AInter-Continental Ballistic Missile
- BAir-to-Air Missile
- CAnti-Satellite Missile
- DNuclear-Powered Attack Submarine
Explanation
The Fiscal Responsibility and Budget Management Act mandates that the Central Government eliminate the revenue deficit — the gap between revenue expenditure and revenue receipts — reflecting the principle that borrowing should finance investment, not consumption. It does not target the elimination of the fiscal deficit, primary deficit or capital deficit as such. Hence revenue deficit is correct.