If the primary deficit is ₹20,500 crores and the net interest liabilities of a country are ₹3,500 crores then what will be the fiscal deficit?

CA Foundation · Business Economics · PYQS · September 2024
If the primary deficit is ₹20,500 crores and the net interest liabilities of a country are ₹3,500 crores then what will be the fiscal deficit?
(A) A. ₹ 21,500 crores
(B) B. ₹ 17,000 crores
(C) C. ₹ 19,500 crores
(D) D. ₹ 24,000 crores

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. ₹ 24,000 crores

Topics: Public Finance

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