Deficit example sentences

However, there will be a Capital Fund or General Fund in place of the Capital and the surplus on deficit as per Income and Expenditure Account shall be added to/deducted to this fund.It shows the net operating result in the form of surplus (i.e. excess of income over expenditure) or deficit (i.e. excess of expenditure over income), which is transferred to the capital fund shown in the balance sheet.The Macroeconomic Framework Statement assesses the prospects of the economy with respect to the GDP growth rate, fiscal balance of the central government and external balance When a government spends more than it collects by way of revenue, it incurs a budget deficit There are various measures that capture government deficit and they have their own implications for the economy.The concepts of deficits and debt are closely related.The essence of international payments is that just like an individual who spends more than her income must finance the difference by selling assets or by borrowing, a country that has a deficit in its current account (spending more abroad than it receives from sales to the rest of the world) must finance it by selling assets or by borrowing abroad.Governments in many countries run huge deficits forcing them to eventually put in place self-imposed constraints of not increasing expenditure over pre-determined levels (Box 1 gives the main features of the FRBMA in India).There is less cause to worry if the trade deficit reflects a rise in investment, which will build the capital stock more quickly and increase future output.Now the RBI might decide to fix the exchange rate at a higher level – Rs 47 per dollar – to bridge part of the deficit in BoP.It includes only revenue items and the balance at the end represents surplus or deficit.In 1991, it approached the International Monetary Fund (IMF) for raising funds to tide over its balance of payment deficits.We will now discuss several disorders of childhood like Attention-deficit Hyperactivity Disorder (ADHD), Conduct Disorder, and Separation Anxiety Disorder.Thus, any current account deficit is of necessity financed by a net capital inflow.It has been instrumental in averting widespread hunger and famine by supplying food from surplus regions of the country to the deficit ones.It is possible that these people are short-sighted and do not understand the implications of budget deficits.You have already read about variations in intelligence in Chapter Mental retardation refers to below average intellectual functioning (with an IQ of approximately 70 or below), and deficits or impairments in adaptive behaviour (i.e. in the areas of communication, self-care, home living, social/interpersonal skills, functional academic skills, work, etc.