CUET Economics 2025 22 May Shift 2 PYQs

A shock absorber which makes disposable income, and thus consumer spending, less sensitive to fluctuations in GDP is called......

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.

(C) Primary deficit is the difference between total planned receipt and interest payments.

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

Choose the correct answer from the options given below:

Which of the following can help to reduce the Fiscal Deficit?