If in a year, the gross fiscal deficit of government is Rs. 6,00,000 crores, revenue deficit is Rs.…
\(\text{Primary Deficit} = \text{Gross Fiscal Deficit} - \text{Interest Payments} = 6,00,000 - 1,40,000 = \text{Rs. } 4,60,000\text{ crore}\) (Revenue deficit is not…
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If in a year, the gross fiscal deficit of government is Rs. 6,00,000 crores, revenue deficit is Rs. 2,50,000 crore and interest payment are Rs. 1,40,000 crore. The primary deficit is -
Answer and explanation
Correct answer A
(Revenue deficit is not subtracted in computing primary deficit).
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Rajasthan SET (RSET)