The fiscal deficit excluding the interest liabilities for a year is called as ;

CA Foundation · Business Economics · MTP · April 2025
The fiscal deficit excluding the interest liabilities for a year is called as ;
(A) A. Revenue deficit
(B) B. Capital deficit
(C) C. Budget deficit
(D) D. Primary deficit

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Primary deficit

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic