Identify, which of the following is not to be considered while estimating the revenue deficit of an economy. (Choose the correct alternative) A). Goods and Services Tax (GST) collection B). Income from fines and penalties C). Interest payments D). Expenditure on acquisition of land and buildings

The correct answer is Expenditure on acquisition of land and buildings. Revenue deficit is calculated as Revenue Expenditure minus Revenue Receipts. Expenditure on the acquisition of land and buildings is a Capital Expenditure because it creates an asset. Therefore, it is excluded from the estimation of the revenue deficit.

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Identify, which of the following is not to be considered while estimating the revenue deficit of an economy.
(Choose the correct alternative)

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