Question

The Primary Deficit shows the borrowing requirement of the government:

पर्याय

• Including interest payments on past debt

• Excluding interest payments on past debt

• Excluding all capital receipts

• Including only tax revenues

Answer 1

The Primary Deficit shows the borrowing requirement of the government excluding interest payments on past debt. By stripping out interest payments (which relate to old loans), it isolates the borrowing needed for current, fresh spending.