Question : Gross Fiscal Deficit =
Option 1: Borrowing from the government + Borrowing from abroad
Option 2: Borrowing from the government + Borrowing from abroad+ Net borrowing at home
Option 3: Borrowing from the government + Borrowing from RBI + Borrowing from abroad
Option 4: Borrowing from RBI + Borrowing from abroad + Net borrowing at home
Correct Answer: Borrowing from RBI + Borrowing from abroad + Net borrowing at home
Solution : The correct answer is (d) Gross Fiscal Deficit = Borrowing from RBI + Borrowing from abroad + Net borrowing at home
This formula considers the borrowing from the Reserve Bank of India (RBI), borrowing from abroad, and net borrowing at home. Net borrowing at home takes into account the difference between the government's borrowing and repayments from domestic sources.
Question : Which of the following expressions is correct regarding the Gross fiscal deficit?
Option 1: Gross fiscal deficit = Net borrowing at home - Borrowing from RBI + Borrowing from abroad
Option 2: Gross fiscal deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad
Option 3: Gross Fiscal deficit = Net borrowing at home + Borrowing from RBI - Borrowing from abroad
Option 4: Gross fiscal deficit = Net borrowing at home - Borrowing from RBI - Borrowing from abroad
Question : Which of the following expressions is correct?
Option 1: Gross Primary Deficit = Gross Fiscal Deficit + Net Interest Liabilities
Option 2: Gross Primary Deficit = Gross Fiscal Deficit – Net Interest Liabilities
Option 3: Gross Primary Deficit = Gross Fiscal Deficit ÷ Net Interest Liabilities
Option 4: Gross Primary Deficit = Gross Fiscal Deficit × Net Interest Liabilities
Question : The gross primary deficit can be expressed as ______.
Option 1: Gross fiscal deficit – Net interest liabilities
Option 2: Capital expenditure – Revenue deficit
Option 3: Gross fiscal deficit + Net interest liabilities
Option 4: Revenue deficit + Capital expenditure
Question : Gross primary deficit is the difference between ______.
Option 1: revenue deficit and interest receipts
Option 2: gross fiscal deficit and interest receipts
Option 3: revenue deficit and interest payments
Option 4: gross fiscal deficit and net interest liabilities
Question : Fill in the blanks- The total borrowing requirement of the government is measured through _____________.
Option 1: Capital deficit
Option 2: Budgetary deficit
Option 3: Revenue deficit
Option 4: Fiscal deficit
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