Question : It refers to difference between fiscal deficit of the current year and the interest payment on the previous borrowings.
Option 1: Revenue deficit
Option 2: Fiscal deficit
Option 3: Primary deficit
Option 4: Budgetary deficit.
Answer (1)
10th Jan, 2024
Correct Answer: Primary deficit
Solution : Primary deficit refers to difference between fiscal deficit of the current year and the interest payment on the previous borrowings.
Hence, Option C is correct.
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