WBCS.LIVE practice question

Gross primary deficit is the difference between ______.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Revenue deficit and interest receipt
  2. Gross fiscal deficit and interest receipts
  3. Revenue deficit and interest payment
  4. Gross fiscal deficit and net interest liabilities

Correct answer and explanation

Correct answer: Gross fiscal deficit and net interest liabilities