Question : From the following data calculate Interest payments-
Fiscal deficit- 1250
Revenue deficit- 200
Primary deficit- 1255
Revenue receipts- 300
Non-debt creating capital receipts- 2000
Capital expenditure- 3050
Option 1: 3
Option 2: 2
Option 3: 4
Option 4: 5
Correct Answer:
5
Solution :
Primary deficit= Fiscal deficit- Interest payments
1255= 1250+Interest payments
=5 crore
Hence Option D is correct.