A country’s fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crores

A country’s fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating capital receipts. The country’s interest liabilities are ₹1,500 crores

Q. A country has a fiscal deficit of ₹ 50,000 crores. It is receiving ₹ 10,000 crores through non-debt creating capital receipts. Its interest liabilities are ₹ 1,500 crores. What is the gross primary deficit of the country?

(a) ₹ 48,500 crores
(b) ₹ 51,500 crores
(c) ₹ 58,500 crores
(d) None of the above

75. किसी देश का राजकोषीय घाटा ₹ 50,000 करोड़ है। इसे गैर-ऋण सर्जक पूँजीगत प्राप्तियों के माध्यम से ₹ 10,000 करोड़ प्राप्त हो रहे हैं। उस देश की ब्याज देयताएँ ₹ 1,500 करोड़ हैं। उसका सकल प्राथमिक घाटा कितना है?

(a) ₹ 48,500 करोड़
(b) ₹ 51,500 करोड़
(c) ₹ 58,500 करोड़
(d) उपर्युक्त में से कोई नहीं

Answer: (a) ₹ 48,500 करोड़

Explanation:

  • Primary Deficit = Fiscal Deficit – Interest Payments
  • Fiscal Deficit = ₹ 50,000 crores
  • Interest Liabilities = ₹ 1,500 crores
  • Therefore, Primary Deficit = ₹ 50,000 crores – ₹ 1,500 crores
  • Primary Deficit = ₹ 48,500 crores
  • Hence, the correct answer is (a).
  • The non-debt creating capital receipts are already included while calculating the fiscal deficit and are not deducted again in the computation of primary deficit.

Key Formula:

  • Primary Deficit = Fiscal Deficit – Interest Payments