Question : From the following data calculate Interest payments- Fiscal deficit- 1200 Revenue deficit- 2000 Primary deficit- 3520 Revenue receipts- 3080 Non-debt creating capital receipts- 3500 Capital expenditure- 3050
Option 1: 3230
Option 2: 2320
Option 3: 4520
Option 4: 5340
Correct Answer: 2320
Solution : Primary deficit= Fiscal deficit- Interest payments 3520= 1200+Interest payments =2320 crore Hence Option B is correct.
Question : From the following data calculate Interest payments- Fiscal deficit- 1250 Revenue deficit- 200 Primary deficit- 1255 Revenue receipts- 300 Non-debt creating capital receipts- 2000 Capital expenditure- 3050
Option 1: 3
Option 2: 2
Option 3: 4
Option 4: 5
Question : From the following data calculate total expenditure- Fiscal deficit- 1250 Revenue deficit- 200 Primary deficit- 100 Revenue receipts- 300 Non-debt creating capital receipts- 2000 Capital expenditure- 3050
Option 1: 3450
Option 2: 2450
Option 3: 3550
Option 4: 2550
Question : From the following data calculate capital expenditure- Fiscal deficit- 1250 Revenue deficit- 200 Primary deficit- 100 Revenue receipts- 300 Non-debt creating capital receipts- 2000
Option 1: 3050
Option 2: 2050
Option 3: 3150
Option 4: 2150
Question : Which of the following is correct.
Option 1: Primary deficit= fiscal deficit + interest payments
Option 2: Revenue deficit= total expenditure - total receipts
Option 3: Fiscal deficit= revenue expenditure - revenue receipts
Option 4: Primary deficit= fiscal deficit - interest payments. Hence, Option D is correct.
Question : Identify the incorrect equation.
Option 1: Revenue receipts = Tax revenue (net of State's share) less non-tax revenue
Option 2: Gross fiscal deficit = Total expenditure - (Revenue receipts + Non-debt creating capital receipts)
Option 3: Gross primary deficit = Gross fiscal deficit - Net interest liabilities
Option 4: Revenue deficit = Revenue expenditure - revenue receipts
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