A country’s fiscal deficit stands at ₹50,000 crore. It is receiving ₹10,000 crore through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crore. What is the gross primary deficit?
Question:
A country’s fiscal deficit stands at ₹50,000 crore. It is receiving ₹10,000 crore through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crore. What is the gross primary deficit?
A country’s fiscal deficit stands at ₹50,000 crore. It is receiving ₹10,000 crore through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crore. What is the gross primary deficit?
Options
Answer: ₹48,500 crore
Explanation:
Gross primary deficit = Fiscal deficit - Interest payments - Non-debt receipts = 50,000 - 1,500 = 48,500 crore.
Explanation:
Gross primary deficit = Fiscal deficit - Interest payments - Non-debt receipts = 50,000 - 1,500 = 48,500 crore.
👉 Want AI explanation? Open in MCQ App
Recommended articles
- Hppsc Previous Year Questions (2021–2025) Free Practice — Practice HPPSC Himachal Pradesh PSC Prelims Paper 1 Previous Year Questions (2021–2025) online at UPSC Quizroom. Bilingual Hindi-English, AI explanations,…
- Daily Upsc Mcq Strategy — '); animation: float 20s ease-in-out infinite; pointer-events: none; } @keyframes float { 0%, 100% { transform: translate(0%, 0%) rotate(0deg); } 50% {…
- Free Cat Previous Year Questions Guide — Master CAT 2025 with free previous year questions. Practice 1000+ PYQs, mock tests, and detailed solutions. Complete guide to CAT preparation using past…