Economics · Public Finance

Which of the following is the correct formula for calculating gross primary deficit?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Gross fiscal deficit - Net interest liabilities✓
2Gross fiscal deficit - Borrowings from abroad
3Gross fiscal deficit + Net interest liabilities
4Gross fiscal deficit - Borrowing from RBI

Correct answer

Gross fiscal deficit - Net interest liabilities

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Which of the following is the correct formula for calculating gross primary deficit?

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Which of the following is the correct formula for calculating gross primary deficit?

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