Primary deficit equals:

CA Foundation · Business Economics · MTP · May 2026
Primary deficit equals:
(A) A. Fiscal deficit - Interest payments
(B) B. Fiscal deficit + interest payments
(C) C. Revenue deficit – interest payments
(D) D. Capital deficit

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Fiscal deficit - Interest payments

Topics: Public Finance

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