Question

If the borrowings of the government are ₹1,500 crore and interest payment is ₹ 300 crore, then fiscal deficit is ………​

Answer 1

Answer:

Revenue deficit = revenue expenditure - revenue receipts = 45000 - 35000 = 10000

b) Fiscal deficit is equivalent to borrowings. Therefore, fiscal deficit = 12000

c) Primary deficit = fiscal deficit - interest payments = 12000 - (30 *10000) = 12000 - 3000 = 9000

hey

here is your ans

I hope you are satisfied with my ans

thank you