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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.

1. 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.

 

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