Which of the following deficit shows excess of government expenditure over receipts other than burden of interest payments ? Option 1: Revenue Deficit Option 2: Fiscal Deficit Option 3: Primary Deficit Option 4: Budgetary Deficit

The answer is 'Primary Deficit'. View full solution:

CUET Economics - Which of the following deficit shows excess of government expenditure over receipts other than burden of interest payments ? | PYQs + Solutions

CUET Economics

Macro

Easy

Revenue Deficit

Fiscal Deficit

Primary Deficit

Budgetary Deficit

✅ Correct Option: 3

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From the following, identify the main features of Fiscal responsibility and Budget Management act.

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(B) The Act mandates the central government to take appropriate measures to reduce fiscal deficit to not more than 3 percent of GDP

(D) Measures to be taken to ensure greater transparency in fiscal operations.

Choose the correct answer from the options given below:

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CUET Economics PYQs

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