Question

Primary deficit indicates :
a) estimated borrowing of the government inclusive of interest payment
b) actual borrowing of the government inclusive of interest payment
c) borrowings on account of the excess of current year expenditure over current year revenue exclusive of interest payment on past loans
d) borrowing by the government from the general public


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Answer 1

Answer:

The amount of borrowing which the government needs excluding the interest component.

Explanation:

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