| Primary deficit in a government budget is: (Choose the correct alternative). |
| (a) Revenvue expenditure - Revenvue receipts |
| (b) Total expenditure - Total receipts |
| (c) Revenvue dificit - Revenvue payments |
| (d) Fiscal dificit - Interest payments |
Answer:
Primary deficit in a government budget is Fiscal Deficit - Interest Payments. Primary deficit indicates the amount of borrowings required by the government to meet the expenditure other than interest payments. Hence, the correct answer is option (d).
You need to login to perform this action.
You will be redirected in
3 sec
