GS PrelimsEconomyFiscal Policy2025

Suppose the revenue expenditure is ₹ 80,000 crores and the revenue receipts of the Government are ₹ 60,000 crores. The Government budget also shows borrowings of ₹ 10,000 crores and interest payments of ₹ 6,000 crores. Which of the following statements are correct? 1. Revenue deficit is ₹ 20,000 crores. 2. Fiscal deficit is ₹ 10,000 crores. 3. Primary deficit is ₹ 4,000 crores. Select the correct answer using the code given below.

A

I and II only

B

II and III only

C

I and III only

D

I, II and III

Correct Answer: Option D

Explanation

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