Question : From the following data calculate Interest payments-
Fiscal deficit- 1200
Revenue deficit- 2000
Primary deficit- 3520
Revenue receipts- 3080
Non-debt creating capital receipts- 3500
Capital expenditure- 3050
Option 1: 3230
Option 2: 2320
Option 3: 4520
Option 4: 5340
Correct Answer:
2320
Solution :
Primary deficit= Fiscal deficit- Interest payments
3520= 1200+Interest payments
=2320 crore
Hence Option B is correct.