The Planning Department of Rajasthan was established in July 1953 under the chairmanship of the Chief Minister. The Planning Department of Rajasthan prepares the planned budget, monitors expenditure, budget announcements and centrally sponsored schemes to achieve targeted development in the state.

1. The difference between the sum of revenue receipts and Non-Debt Capital Receipts (NDCR) and total expenditure is called fiscal deficit.

2. Fiscal deficit is an important indicator of the financial position of the government.

3. It shows how much difference there is between the current income and expenditure of the government.

4. Fiscal deficit can be influenced by many factors, including.

- Economic situation: During an economic recession, the government often increases the fiscal deficit to provide stimulus to the economy.

- Political pressure: Governments often run up fiscal deficits to raise funds for social programs.

- Military spending: Governments often run fiscal deficits to increase military spending.

1. Only B is correct.

2.  India has the highest GDP in dollar terms as compared to Sri Lanka, Bhutan and Bangladesh.