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Economics › Budget, Fiscal Policy

Economics › Budget, Fiscal Policy

A country’s fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crores. What is the gross primary deficit?

Options

(a)

₹48,500 crores

(b)

₹51,500 crores

(c)

₹58,500 crores

(d)

None of the above

Answer

(A)