UPSC Prelims 2025 · Question 75 of 100

UPSC Prelims 2025 question on Gross Primary Deficit

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

What is the gross primary deficit?

  1. Rs.48,500 crores
  2. Rs.51,500 crores
  3. Rs.58,500 crores
  4. None of the above
Show answer

Answer: A. Rs.48,500 crores

Verdict

Correct answer: Option (a).

Analysis

Gross Primary Deficit = Fiscal Deficit – Interest Payments.

= 50,000 – 1,500 = 48,500 crores.

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