Distinguish between primary deficit and revenue deficit.

1.	Distinguish between primary deficit and revenue deficit.
Answer» Primary Deficit-The difference between the fiscal deficit and interest payment is termed as Primary Deficit. Primary Deficit = Fiscal Deficit - Interest Payments. Revenue Deficit-When revenue receipts are less than the revenue expenditures in a government budget, this short fall is termed as Revenue Deficit. Revenue Deficit = Revenue Expenditure - Revenue Receipts.

Answer»

Primary Deficit-The difference between the fiscal deficit and interest payment is termed as Primary Deficit.

Primary Deficit = Fiscal Deficit - Interest Payments.

Revenue Deficit-When revenue receipts are less than the revenue expenditures in a government budget, this short fall is termed as Revenue Deficit.

Revenue Deficit = Revenue Expenditure - Revenue Receipts.

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Distinguish between primary deficit and revenue deficit.

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