Primary Deficit is equal to:
Options
AFiscal Deficit - Interest Payments
BRevenue Deficit - Interest Payments
CFiscal Deficit + Interest Payments
DTotal Expenditure - Total Receipts
For any discrepancies in this question, email contact@cadada.in
Public FinancePYQ - Dec 2021 (Inter)Question 128 of 20
All Questions Correct Answer
✅ Option a — Fiscal Deficit - Interest Payments
All Options:
- AFiscal Deficit - Interest Payments
- BRevenue Deficit - Interest Payments
- CFiscal Deficit + Interest Payments
- DTotal Expenditure - Total Receipts
About This Chapter: Public Finance
Paper
Paper 4: Business Economics
Weightage
10%
Key Topics
Fiscal Policy, Budget, Market Failure
This chapter deals with government finances — how the government earns (taxation) and spends (expenditure) money. Key topics include Fiscal Policy, types of taxes (Direct and Indirect), the Union Budget, Public Debt, and the concept of Market Failure and how government intervention corrects it.
View Official ICAI SyllabusExam Strategy Tip
Focus on the difference between Revenue and Capital items in the budget. Understand Fiscal Deficit and its implications. Tax-related MCQs are commonly asked.
More Questions from Public Finance
Ready to Master Public Finance?
Practice all 20 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.
Start Practicing — It's Free