Question
General Knowledge Question on Business and Economy
Which of following statement is true about the Primary deficit?
A
It is difference between Revenue Receipts and Revenue Expenditure
B
It is difference between Capital Receipts and Interest Payment
C
It is difference between the Fiscal Deficit and Interest Payment
D
It is addition of Fiscal Deficit and Interest Payment
Answer
It is difference between the Fiscal Deficit and Interest Payment
Explanation
Solution
The correct option is (C) :It is difference between the Fiscal Deficit and Interest Payment.