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Question : Gross primary deficit is the difference between ______.

Option 1: revenue deficit and interest receipts

Option 2: gross fiscal deficit and interest receipts

Option 3: revenue deficit and interest payments

Option 4: gross fiscal deficit and net interest liabilities


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: gross fiscal deficit and net interest liabilities


Solution : The correct option is gross fiscal deficit and net interest liabilities .

The gross primary deficit is the difference between a government's total expenditure (excluding interest payments) and its total revenue, excluding grants. It provides a measure of the fiscal imbalance.

The gross fiscal deficit is the difference between a government's total expenditures and total revenue.

Net interest liabilities, on the other hand, refer to the government's total interest payments minus interest receipts.

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