📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which of the following deficits indicates the true

      current fiscal position of the Indian Economy?
      A Revenue Deficit Correct Answer Incorrect Answer
      B Capital Deficit Correct Answer Incorrect Answer
      C Current Account Deficit Correct Answer Incorrect Answer
      D Primary Deficit Correct Answer Incorrect Answer

      Solution

      The true current fiscal position of an economy is best indicated by the primary deficit. The primary deficit is the fiscal deficit of the current year minus interest payments on previous borrowings. It provides insight into the government's borrowing needs, excluding interest payments, and indicates whether the government is managing its current expenditures within its revenues, excluding debt interest payments.

      Practice Next
      More Research Questions
      ask-question