en Budget and the Economy
sculate (a) Revenue Deficit, (b) Fiscal Deficit and (b) Primary Deficit from the following data:
10.41
Particulars
(1
) Revenue Expenditure
(ii
) Borrowings
(ii) Revenue Receipts
(iv) Interest Payments
45,000
12,000
35,000
30% of Revenue Deficit
{(a) 10,000 crores; (b) 12,000 crores; (c)39,000 crores)
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Answers
Answered by
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revenue deficit= revenue expenditure- revenue receipts
= 45,000-35000
= 10,000
fiscal deficit= borrowing. = 12000
intrest payable=30%*10,000
=3000/-
primary deficit= fiscal deficit- interest payable
=1200-3000
= 9000
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