Question

defferentiate loss from deficit

Answer 1

HERE IS YOUR ANSWER ❤️

While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit. Interest payment is the payment that a government makes on its borrowings to the creditors. ... A revenue deficit does not mean actual loss of revenue.

______❤️______

→FOLLOW ME

→MAKE MY ANSWER BRAINLIES

→GIVE THANKS TO MY ANSWER

→BE HAPPY ALWAYS ☺️