Question

A country is running a Fiscal Deficit of $500 billion, and the government's interest payments on existing debt are $100 billion. If the country has nominal GDP of $20,000 billion, what is the value of the Primary Deficit?

A $600 billion
B $500 billion
C $400 billion
D $300 billion
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)