Primary deficit means:

CA Foundation · Business Economics · MTP · September 2024
Primary deficit means:
(A) A. Fiscal deficit -- interest payment
(B) B. Fiscal deficit + revenue deficit
(C) C. Budgetary deficit
(D) D. Revenue deficit -- interest payments

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Fiscal deficit -- interest payment

Topics: Public Finance

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