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If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

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If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

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Fiscal deficit in the Union Budget means
  • A. net increase in Union Governments borrowings from the Reserve Bank of India
  • B. the difference between current expenditure and current revenue
  • C. the sum of monetized deficit and budgetary deficit
  • D. the sum of budgetary deficit and net increase in internal and external borrowings
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