Macro

Government Budget

Easy

Gross primary deficit = A – Net interest liabilities. Here A is-

Gross revenue deficit

Gross fiscal deficit

Net primary deficit

Net fiscal deficit – Net interest liabilities

✅ Correct Option: 2

By definition, Gross primary deficit $=$ Gross fiscal deficit $-$ Net interest liabilities. The primary deficit removes interest obligations from the fiscal deficit to show borrowing needed for reasons other than past debt servicing. Hence A is Gross fiscal deficit.

2025: 14 May Shift 1

In order to arrive Gross Primary Deficit what should be deducted from Gross Fiscal deficit?

Borrowing from abroad
Net factor income from abroad
Net Interest liabilities.
Transfers payments

2025: 22 May Shift 2

Identify the tax imposed by the government that do not depend on income.

2025: 16 May Shift 1

Which of the following measures can be taken under fiscal policy to solve the problem of deficient demand in the economy?

2025: 3 June Shift 2

There is a constitutional requirement in India to present before the Parliament a statement of estimated receipts and expenditures of the government in respect of every financial year which runs from............

2026: 31 May Shift 1

The intervention of the government whether to expand demand or reduce it constitutes which of the following function.

2025: 22 May Shift 2

The difference between the government's total expenditure and its total receipts excluding borrowing.

Gross primary deficit = A – Net interest liabilities. Here A is-

Solution

Related questions:

Keyboard Shortcuts

CUET Economics Past Year Questions (Topic-Wise)