Q. Which of the following statement is true?
  • (A) Fiscal deficit is the difference between total expenditure and total receipts
  • (B) Primary deficit is the difference between total receipt and interest payments
  • (C) Fiscal deficit is the sum of primary deficit and interest payment
  • (D) All of these
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✅ Correct Answer: (C) Fiscal deficit is the sum of primary deficit and interest payment

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