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Suppose the revenue expenditure is ₹80,000 crore and the revenue receipts are ₹60,000 crore. The Government budget also shows borrowings of ₹10,000 crore and interest payments of ₹6,000 crore. Which of the following statements are correct? I. Revenue deficit is ₹20,000 crore. II. Fiscal deficit is ₹10,000 crore. III. Primary deficit is ₹4,000 crore.

UPSC · 2025 · Economy
Question:
Suppose the revenue expenditure is ₹80,000 crore and the revenue receipts are ₹60,000 crore. The Government budget also shows borrowings of ₹10,000 crore and interest payments of ₹6,000 crore. Which of the following statements are correct? I. Revenue deficit is ₹20,000 crore. II. Fiscal deficit is ₹10,000 crore. III. Primary deficit is ₹4,000 crore.

Options

I and II only
II and III only
I and III only
I, II and III
Answer: I, II and III

Explanation:

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