What is the difference between current,revenue and fiscal deficit?plz state me with example.Plz do not provide link of class 12 as I am in class 11.
Shivang, I have already answered your question regarding the meaning of current account deficit and revenue deficit. These concepts are a part of class XII curriculum of economics. You will get to learn these concepts in a detailed manner in class XII. As of now, you can get an overview of their meaning to make sure that you don't get struck when these terms are used in any reference book for economics XI.
For the meaning of current account deficit and revenue deficit, you can follow the given link.
https://www.meritnation.com/ask-answer/question/sir-i-am-in-class-11-what-is-current-and-revenue-deficit-plz/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/9634419
For the meaning of fiscal deficit, you can follow the given link.
https://www.meritnation.com/ask-answer/question/what-is-fiscal-deposit-deficit/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/6587341
For the meaning of current account deficit and revenue deficit, you can follow the given link.
https://www.meritnation.com/ask-answer/question/sir-i-am-in-class-11-what-is-current-and-revenue-deficit-plz/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/9634419
For the meaning of fiscal deficit, you can follow the given link.
https://www.meritnation.com/ask-answer/question/what-is-fiscal-deposit-deficit/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/6587341