Economy UPPSC 2010 GS-I
Question

If interest payment is added to primary deficit, it is equivalent to:

Answer & Solution

Answer: (Detailed Solution Below)

Option B: Fiscal deficit

Detailed Solution:

The correct answer is “Fiscal deficit”.

Primary deficit is the difference between government's total expenditure and its total revenue excluding interest payments.

Fiscal deficit is the difference between government's total expenditure and its total revenue including interest payments.

Therefore, when interest payments are added to the primary deficit, it becomes the fiscal deficit.

Similar Questions:

Dhuria is folkd dance of:
  1. Avadh
  2. Bundelkhand
  3. Purvanchal
  4. Rohelkhand
As per Census 2011 2001, the class I cities of India claim a share of the total urban population of
  1. 40.40%
  2. 56.50%
  3. 62.32%
  4. 70.20%
In which of the following Committees there is no representation of Rajya Sabha?
  1. Public Accounts Committee
  2. Committee on Public Undertakings
  3. Estimates Committee
  4. Committee on Government Assurances
Which one of the following writs is issued during the pendency of proceedings in a court?
  1. Mandamus
  2. Certiorari
  3. Prohibition
  4. Quo warranto
Word Bull and Big are associated with which branch of commercial activity:
  1. Foreign Trade
  2. Banking
  3. Share Market
  4. Manufacturing
Out of the following groups with which group India's import trade is highest:
  1. OECD
  2. OPEC
  3. Eastern Europe
  4. Developing Countries
Which one of the following banks is under the control of the Reserve Bank of India?
  1. Exim Bank
  2. IDBI
  3. NABARD
  4. Central bank of India
Jhooming is practised by:
  1. The Bhotias
  2. The Khasis
  3. The Santhals
  4. The Todas
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R)

Assertion (A): There is a positive relation between Human Development Index (HDI) and Sustainable Development Goals (SDG) ranking of Indian State.
Reason (R): The underlying dimension of SDG targets are closely related to education and health aspect.

Select the correct answer from the codes given below:
Codes:
  1. Both (A) and (R) are true and (R) is the correct explanation of (A)
  2. Both (A) and (R) are true but (R) is not the correct explanation of (A)
  3. (A) is true, but (R) is false
  4. (A) is false, but (R) is true
Which State has decided to establish a University for the disabled during 2009-10?
  1. Maharashtra
  2. Kerala
  3. Madhya Pradesh
  4. Uttar Pradesh
Buddha is depicted on the coins of
  1. Vima Kadphises
  2. Kanishka
  3. Nahapana
  4. Budhagupta
Rural Infrastructure Development Fund is being financed by:
  1. NABARD
  2. Reserve Bank of India
  3. Ministry of Rural Development
  4. Selected group of public Sector Banks