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The gross primary deficit is the fiscal deficit excluding interest payments. It indicates the government’s borrowing requirements apart from paying interest on past borrowings. Key Points: 1. Gross fiscal deficit = Total expenditure – Total revenue (excluding borrowings). 2. Net interest liabilities represent interest payments on debt. 3. Primary deficit reflects the core fiscal stance without debt obligations. 4. It is a key metric for evaluating fiscal sustainability. 5. A higher primary deficit implies higher borrowing needs. Bee Facts: • (a): Not a valid calculation formula. • (b): RBI borrowing is not included in this formula. • (c): Incorrect as net interest liabilities are not added. • (d): Correct formula for gross primary deficit.
Which of the following sports is Aditi Ashok is associated with?
Which of the following minerals are found naturally in the State of Odisha?
1. Iron ore
2. Manganese
3. Chromium
4....
Who has been appointed as the Chairman of the ICC men’s Cricket Committee?
Which of the following statements is correct
A. Under MSF banks can borrow funds overnight up to 0.5% (50 BPS) of their NDTL
B. In MSF (Ma...
In which year was Goa given the option of merging with the state of Maharashtra?
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RBL Bank and _____ announced a strategic collaboration to fuel the Bank's customer experience strategy and expand its value proposition.
World Day for International Justice (WDIJ) is observed on which day?
राजस्थान के किस क्षेत्र ने कृषक आन्दोलन प्रारम्भ करने क...
Who is the winner of AFC Women’s Asia Cup 2022?