7. Fiscal deficit is equal to (A) Primary deficit (B) Government income (C) Borrowings (D) None of the Above

7. Fiscal deficit is equal to (A) Primary deficit (B) Government income (C) Borrowings (D) None of the Above

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Answer: (A) Primary deficit

Primary deficit is the difference between fiscal and interest payment. While, fiscal deficit shows borrowing requirement of the government inclusive of interest payment on the accumulated national debt, primary deficit shows borrowing requirement of the government exclusive of interest payment.

4 views Answered 2023-02-05 15:29

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