UPSC Exam > UPSC Questions > Which of following statement is true about th...
Start Learning for Free
Which of following statement is true about the Primary deficit?
- a)It is difference between Revenue receipts and Revenue Expenditure
- b)It is difference between capital receipts and Interest Payment
- c)It is difference between the Fiscal Deficit and Interest Payment
- d)It is addition of Fiscal Deficit and Interest Payment
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which of following statement is true about the Primary deficit?a) It i...
Primary Deficit
The primary deficit is the difference between the government's total expenditure excluding interest payments and its total revenue. In other words, it is the government's expenditure on everything except for interest payments.
Formula
Primary Deficit = Fiscal Deficit - Interest Payments
Explanation of Options
a) The difference between revenue receipts and revenue expenditure is known as the revenue deficit, not the primary deficit.
b) The difference between capital receipts and interest payment is not related to the primary deficit.
c) This statement is correct. The primary deficit is the difference between the fiscal deficit and interest payments.
d) This statement is incorrect. The primary deficit is not the addition of fiscal deficit and interest payments.
Conclusion
In conclusion, the correct option is (c) - the primary deficit is the difference between the fiscal deficit and interest payments.
The primary deficit is the difference between the government's total expenditure excluding interest payments and its total revenue. In other words, it is the government's expenditure on everything except for interest payments.
Formula
Primary Deficit = Fiscal Deficit - Interest Payments
Explanation of Options
a) The difference between revenue receipts and revenue expenditure is known as the revenue deficit, not the primary deficit.
b) The difference between capital receipts and interest payment is not related to the primary deficit.
c) This statement is correct. The primary deficit is the difference between the fiscal deficit and interest payments.
d) This statement is incorrect. The primary deficit is not the addition of fiscal deficit and interest payments.
Conclusion
In conclusion, the correct option is (c) - the primary deficit is the difference between the fiscal deficit and interest payments.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer?
Question Description
Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer?.
Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of following statement is true about the Primary deficit?a) It is difference between Revenue receipts and Revenue Expenditureb) It is difference between capital receipts and Interest Payment c) It is difference between the Fiscal Deficit and Interest Paymentd) It is addition of Fiscal Deficit and Interest PaymentCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup