What is the gap between government spending and revenue called?
AFiscal deficit
BTrade surplus
CForeign exchange reserves
DCurrent account surplus
Explanation
– The fiscal deficit, representing the gap between a government’s total expenditure and total revenue within a fiscal year, has been a recurring and significant topic in discussions of Pakistan’s economic policy and its engagement with international finan
Exam Relevance
- Topic: General
- Subtopic: General

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