Practicing Success
Practicing Success
CUET Preparation Today
Which of the following statement is true? |
Primary deficit refers to the difference between fiscal deficit of the current year and interest payments on the previous borrowings. Fiscal deficit refers to the difference between primary deficit of the current year and interest payments on the previous borrowings. Primary deficit refers to the difference between fiscal deficit of the previous year and interest payments on the current borrowings. Fiscal deficit refers to the difference between primary deficit of the previous year and interest payments on the current borrowings. |
Primary deficit refers to the difference between fiscal deficit of the current year and interest payments on the previous borrowings. |
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. |
