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? I. Revenue deficit is ₹20,000 crores. II. Fiscal deficit is ₹10,000 crores. III. Primary deficit is ₹4,000 crores. Select the correct answer using the code given below.
AI and II only
BII and III only
CI and III only
DI, II and III
Answer & Solution
Correct answer: D. I, II and III
UPSC CSE Prelims 2025 (GS-I, Set A), Q.61. Official answer key: D.
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