wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Primary deficit in a government budget equals ___________.

A
Interest payments
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Interest payments less borrowings
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Borrowings less interest payments
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Borrowings less interest payments
Primary deficit is the difference between fiscal deficit and interest payments. Since, borrowings is equivalent to fiscal deficit, we can say, primary deficit in a government budget is the difference between borrowings and interest payments.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Debts and Deficits
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon