Economics · Public Finance
Consider the following pairs regarding fiscal deficit measures in India and their definitions: 1. Primary Deficit : Fiscal Deficit minus Net Interest Payments2. Effective Revenue Deficit : Revenue Deficit minus Grants for Capital Asset Creation3. Monetised Deficit : Total Expenditure minus (Revenue Receipts + Non-Debt Capital Receipts) How many of the above pairs are correctly matched?
- 1None
- 2All three
- 3Only two
- 4Only one✓
Correct answer
Only one
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