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:

CUET Economics 2022 Slot 3

Match List - I with List - II.

List - I (Transactions)	List - II (Heads)
(A) Loans extended by the Indian Government to the Sri Lankan Government	(I) Revenue Receipts
(B) Expenditure by the Government on Covid Vaccines	(II) Capital Receipts
(C) Dividend received by the Government on shares bought by it	(III) Capital Expenditure
(D) Public Provident Fund held by Public	(IV) Revenue Expenditure

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Identify the incorrect feature in the context of GST.