What needs to be subtracted from gross fiscal deficit to get gross primary deficit ? Option 1: Revenue Expenditure Option 2: Net Interest Liabilities Option 3: Recovery of Loans Option 4: Non-tax Revenue

The answer is 'Net Interest Liabilities'. View full solution:

CUET Economics - What needs to be subtracted from gross fiscal deficit to get gross primary deficit ? | PYQs + Solutions

CUET Economics

Macro

Easy

Revenue Expenditure

Net Interest Liabilities

Recovery of Loans

Non-tax Revenue

✅ Correct Option: 2

Related questions:

3 June Shift 2

The government imposes taxes that do not depend on income, called?

2 June Shift 1

Identify which of the following statements are correct?

(A) Fiscal deficit is the difference between total revenue and total expenditure excluding borrowing of the government.

(B) Fiscal deficit is the difference between total planned expenditure and total planned receipts of the government.

(D) Fiscal deficit is the sum of primary deficit and interest payment.

Choose the correct answer from the options given below:

30 May Shift 1

Revenue deficit in the government budget can be managed through:-

(A) Borrowings from RBI.

(B) Disinvestment.

(D) Borrowings from the general public.

Choose the correct answer from the options given below: