Economics · Fiscal Policy
Which among the following correctly denotes the Primary Deficit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fiscal Deficit - Interest Payments✓
- 2Budgetary Deficit + Government market borrowings and liabilities
- 3Sum of the net increase in holdings of treasury bills of the RBI and its contributions to the market borrowing of the government
- 4Revenue Expenditure - Revenue Receipts
Correct answer
Fiscal Deficit - Interest Payments
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