Practicing Success
Practicing Success
CUET Preparation Today
Which of the following options is true in regards to "Primary deficit"? |
It is borrowing requirements of government for making interest payments. It is borrowing requirements of government for making payments other than the interest payments. It is borrowing requirements of government for making all sorts of payments. It is borrowing requirements of government for making some specific payments. |
It is borrowing requirements of government for making payments other than the interest payments. |
Primary deficit = Fiscal deficit - Interest payments It indicates the borrowing requirements of the government for meeting the fiscal deficit net of interest payments. |
