Economy : Public Finance-Borrowing, Deficits & Debt

Q 3 / 14
Suppose the revenue expenditure is ₹80,000 crores and the revenue receipts of the Government are ₹60,000 crores. The Government budget also shows borrowings of ₹10,000 crores and interest payments of ₹6,000 crores. Which of the following statements are correct?
  1. Revenue deficit is ₹20,000 crores.
  2. Fiscal deficit is ₹10,000 crores.
  3. Primary deficit is ₹4,000 crores.
Select the correct answer using the code given below.