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Solution - Deficit Budget - Primary Deficit

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Question

What is primary deficit?

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Primary deficit equals : (Choose the correct alternative)

(a) Borrowings

(b) Interest payments

(c) Borrowings less interest payments

(d) Borrowings and interest payments both

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Solution for concept: Deficit Budget - Primary Deficit. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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