The International Finance Corporation (IFC) is an international financial institution formed on July 20, 1956 and affiliated to world bank, that offers investment, advisory, and asset-management services to encourage private-sector development in developing countries since 2009, the IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable

Budgetary deficit is the excess of total government expenditure (both revenue and capital) over total government receipts (both revenue and capital). It is the deficit in the budgetary estimates of the government.

Fiscal deficit is defined as excess of total budget expenditure over total budget receipts excluding borrowings during a fiscal year. In simple words, it is amount of borrowing the government has to resort to meet its expenses. A large deficit means a large amount of borrowing. 

SKS Microfinance, the country’s only scheduled microlender, plans to change itself into a small bank as it seeks to decrease the cost of funds and progress productivity. 

Top management at the company told ET that the company will concern for a small bank licence, a move that may put it in direct competition with its separated founder Vikram Akula, who also plans to set up a small bank. 

“SKS is prepared to be relevant for a small bank licence as it meets all necessary criteria like net worth, PSL (priority sector lending) and branch network,” said the decision-making on condition of ambiguity. “We can provide to the need for financial inclusion and it will help us bring down our cost of funds.”

Thus, the correct option is D.

This takes place due to the fact that the winning bidder places a higher value on the asset than all other bidders-ultimately paying too much for the asset(thus, the curse of winner is that it wins but after paying very high a cost).

Direct taxes account for about 7070 per cent of total taxes in Europe, in india the figure is around 3535 percent. The newly implemented GST might reinforce this if turns out to be a buyant source of revenue.

Both the statement are incorrect. If DFHI is not in the list, Statement 1 will become correct and similarly, money market of India makes maximum number of its instruments available to the banks (they are Call Money, Certificate of Deposit and Commercial Paper and the Repo).

Had 'disinvestment proceeds' not been there, the second statement would also have been correct till 2004. Disinvestment proceeds used to be one of the means of raising money to meet fiscal deficit requirements till 2005 unitll there was no National Investment Fund (the proceeds now go directly into this fund and are considered Public Accounts of India since 2013.

The fiscal deficit is the difference between the total revenue and total expenditure of the government. Revenue deficit hence arises when the government's actual net receipts is lower than the projected receipts. So, the size of fiscal deficit is always higher than revenue deficit.

Central assistance to states is not a part of non-plan expenditure on the revenue side. Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments. 

Capital expenditure are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. It is often used to undertake new projects or investments by the firm. 

Government generates revenue which it uses to manage it towards public works to be done.

Plan expenditure is essentially the budget support to the Central Plan and the Central assistance to State and Union Territory plans. Like all budget heads, this is also split into revenue and capital components. Defense is not part of plan expenditure.

Any expenditure that is incurred on programmes which are detailed to state for their plans is called planned expenditure. The estimated expenditure provided in the budget for spending during the year on routine functioning of the government is unplanned expenditure. So capital expenditure comprises both.

The budget deficit is the difference between current government's spending on goods and services and total current revenue from all types of taxes net of transfer payments.

The extent of fiscal deficit is an indication of how far the government is spending beyond its means.

The Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) is an Act of the Parliament of India to institutionalize financial discipline, reduce India's fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget.

Fiscal federalism, financial relations between units of governments in a federal government system. Fiscal federalism is part of broader public finance discipline. The term was introduced by the German-born American economist Richard Musgrave in 1959.

Fiscal deficit refers to the excess of total expenditure over total receipts (excluding borrowings) during the given fiscal year. Fiscal Deficit = Total Expenditure – Total Receipts excluding borrowings. The extent of fiscal deficit is an indication of how far the government is spending beyond its means.

Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.

Primary deficit is one of the parts of fiscal deficit. While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit. Interest payment is the payment that a government makes on its borrowings to the creditors.

The FRBMA is an act which institutionalizes and regulates financial discipline and help manage public funds in order to strengthen India's fiscal position. The purpose of FRBMA was to reduce fiscal deficit. 

The budget deficit is the difference between current government's spending on goods and services and total current revenue from all types of taxes net of transfer payments. So when borrowing is done from RBI or other sources, that creates the budget deficit.

The fiscal deficit is the primary deficit plus interest payments on the debt. Therefore, if refers to the difference in total expenditure and total receipts without loan and other liability.

By means of fiscal policy, government adjusts its spending levels and tax rates to monitor and influence a nation's economy. Though fiscal policies, government makes its public finance.

Budget deficit refers to the shortfall of revenues in comparison to the government expenditure. It can be measured as the difference between Total Receipts and Total Expenditure.

$Revenue\ deficit:$ Revenue expenditure of the Central Govt is composed of plan and non-plan expenditure of the Government and is met out of revenue receipts. In case of a gap in the revenue receipts and revenue expenditure, where the expenditure is on the higher side, there exists a revenue deficit which is financed from borrowed funds.

Revenue Deficit: It occurs when the actual amount of revenue expenditure and actual amount of received revenue do not match.
Fiscal Deficit: Fiscal deficit is an economic phenomenon, calculated as the budget deficit, plus the borrowings of the government.
Primary Deficit: Primary deficit is obtained by subtracting interest payments from fiscal deficit of any country of a particular year. It is the deficit in the fiscal budget, unaccounted for any borrowing related interest payments.
Budgetary Deficit: A budgetary deficit is a common economic phenomenon, which occurs when the spending of a government exceeds the government revenue.