Practicing Success
Practicing Success
CUET Preparation Today
What does the primary deficit in the budget indicate? |
It indicates the borrowing of the government to meet its expenditure It indicates the amount of borrowings required to meet the expenditure other than the interest payments It indicates that if primary deficit is zero, then fiscal deficit is equal to revenue deficit Both 2 and 3 |
It indicates the amount of borrowings required to meet the expenditure other than the interest payments |
Primary deficit = Fiscal deficit - interest payments Primary deficit refers to the difference between fiscal deficit of the current year and interest payments on the previous borrowings. It indicates the amount of borrowings required to meet expenditure other than the interest payments. It refers to the amount of borrowings required to meet the expenditure other than the interest payments. |
