Answer required for q.22 b.
Dear Student,
1. Revenue Deficit = Revenue expenditure - Revenue Receipts
= 80 - (47 + 10)
= Rs. 23 Arab
2. Fiscal deficit = Total expenditure - Total Receipt (Other than borrowings)
= 80 - {(47 + 10) + (34 - 32)}
= Rs. 21 Arab
3. Primary Deficit = fiscal deficit - interest payment
= 21 - 20
= Rs. 1 Arab
Regards,
1. Revenue Deficit = Revenue expenditure - Revenue Receipts
= 80 - (47 + 10)
= Rs. 23 Arab
2. Fiscal deficit = Total expenditure - Total Receipt (Other than borrowings)
= 80 - {(47 + 10) + (34 - 32)}
= Rs. 21 Arab
3. Primary Deficit = fiscal deficit - interest payment
= 21 - 20
= Rs. 1 Arab
Regards,