Question

Select the correct statements: A. Fiscal Deficit = Budget Deficit - Interest Payments, B. Revenue Deficit = Revenue Expenditure - Revenue Receipts, C. Budget Deficit = Total Expenditure - Total Receipts, D. Primary Deficit = Fiscal Deficit + Interest Payments, E. Current Deficit = Budget Deficit + Borrowings.

• A. B, C Only
• B. A, B, C Only
• C. A, C, D, E Only
• D. A, D, E Only

Hint:

Always remember: \(\text{Primary Deficit}=\text{Fiscal Deficit}-\text{Interest Payments}\) and \(\text{Revenue Deficit}=\text{Revenue Expenditure}-\text{Revenue Receipts}\).

Answer 1

The Correct Option is A