Question : Gross primary deficit is the difference between ______.
Option 1: revenue deficit and interest receipts
Option 2: gross fiscal deficit and interest receipts
Option 3: revenue deficit and interest payments
Option 4: gross fiscal deficit and net interest liabilities
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Correct Answer: gross fiscal deficit and net interest liabilities
Solution : The correct option is gross fiscal deficit and net interest liabilities.
The gross primary deficit is the difference between a government's total expenditure (excluding interest payments) and its total revenue, excluding grants. It provides a measure of the fiscal imbalance.
The gross fiscal deficit is the difference between a government's total expenditures and total revenue.
Net interest liabilities, on the other hand, refer to the government's total interest payments minus interest receipts.
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Question : The gross primary deficit can be expressed as ______.
Option 1: Gross fiscal deficit – Net interest liabilities
Option 2: Capital expenditure – Revenue deficit
Option 3: Gross fiscal deficit + Net interest liabilities
Option 4: Revenue deficit + Capital expenditure
Question : Which of the following expressions is correct regarding the Gross fiscal deficit?
Option 1: Gross fiscal deficit = Net borrowing at home - Borrowing from RBI + Borrowing from abroad
Option 2: Gross fiscal deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad
Option 3: Gross Fiscal deficit = Net borrowing at home + Borrowing from RBI - Borrowing from abroad
Option 4: Gross fiscal deficit = Net borrowing at home - Borrowing from RBI - Borrowing from abroad
Question : If the government revenue expenditure exceeds revenue receipt, it is called:
Option 1: revenue deficit
Option 2: primary deficit
Option 3: capital deficit
Option 4: fiscal deficit
Question : The productivity of an ecosystem is composed of which of the following?
Option 1: Gross productivity and primary productivity
Option 2: Primary and secondary productivity
Option 3: Net productivity and consumption
Option 4: Net primary productivity and gross primary productivity
Question : What is the Net National Product?
Option 1: The product of gross national product and depreciation is net national product.
Option 2: The sum of gross national product and income of foreigners is net national product.
Option 3: Net National product is equal to gross national product.
Option 4: The difference between gross national product and depreciation is net national product.
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