CUET Economics 2025 29 May Shift 1Macro > Easy2016201820172014✅ Correct Option: 3Related questions:27 May Shift 2To obtain an estimate of borrowing on account of current expenditures exceeding revenues, we need to calculate what has been called the primary deficit. Gross primary deficit...16 May Shift 1Due to recessionary pressure in an economy, suppose the government plans a deficit budget for a given financial year. Identify the correct sequence in which this will affect the economy. (A) Taxes will be reduced, and public spending will increase. (B) GDP will start rising. (C) Aggregate demand will rise. (D) The purchasing power of the people will increase. Choose the correct answer from the options given below:22 May Shift 2Fiscal Responsibility and Budget Management Act (FRBMA) was framed in which year.