मराठी

Compare the trends depicted in the figures given below: Figure 1: Trends in Fiscal deficit and Primary deficit Figure 2: Fiscal deficit as a percent of Budget estimate

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प्रश्न

Compare the trends depicted in the figures given below:

Figure 1: Trends in Fiscal deficit
and Primary deficit
Figure 2: Fiscal deficit as a percent of Budget estimate 
थोडक्यात उत्तर
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उत्तर

Considering the data represented in the given diagram, trend of year-on-year deficit (reporting for April to November) may be stated as follows:

  1. Fiscal Deficit in 2020 increased to 10.8 lakh crore from 8.1 lakh crore in 2019. In 2021 it has gone down to 7 lakh crore.
  2. Primary Deficit in 2020 increased to 6.9 lakh crore from 4.7 lakh crore in 2019. In 2021 it has gone down to 2.4 lakh crore.
  3. Fiscal Deficit in 2020 increased to 135.1% of Budget Expenditure from 114.8% in 2019. In year 2021, it is 46.2% of Budget Expenditure.
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संबंधित प्रश्‍न

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S. No. Content Rs (in crores)
1. Revenue Expenditure 100
2. Capital Receipts 40
3. Net Borrowings 38
4. Net Interest Payments 27
5. Tax Revenue 50
6. Non-tax Revenue 15

Which of the following is MOST LIKELY to be the main contributor to the fiscal deficit in this case?


Which of the following factors necessitated the need for economic reforms?


Assertion (A): Fiscal deficit is measured in terms of borrowings.

Reason (R): External borrowings increases the Fiscal deficit.


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Statement 1: Fiscal Deficit = Total Budget Expenditure - Total Budget Receipts (Net of borrowing)

Statement 2: Primary Deficit = Fiscal Deficit + Interest Payments.


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______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.  


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