Economics · Fiscal Policy and Union Budget
Which of the following formulas correctly represents the measurement of Gross Primary Deficit?
- 1Gross Revenue Deficit - Capital Expenditure
- 2Gross Fiscal Deficit + Borrowings
- 3Gross Fiscal Deficit - Net Interest Liabilities✓
- 4Gross Fiscal Deficit + Net Interest Liabilities
Correct answer
Gross Fiscal Deficit - Net Interest Liabilities
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