Question : Gross primary deficit is equal to ____________.

Option 1: difference between gross fiscal deficit and interest payments

Option 2: difference between total expenditure and total receipts

Option 3: difference between net borrowings and net capital receipts

Option 4: difference between revenue deficit and capital expenditure

Question : If the curved surface area of a cylinder is increased by 20% and height is decreased by 4%, then the net decrease or increase in the volume will be:

Option 1: 36% decrease

Option 2: 20% increase

Option 3: 50% increase

Option 4: 33% decrease

Question : Which of the following is the best estimate of the total borrowings by the government?

Option 1: Primary Deficit

Option 2: Revenue Receipts

Option 3: Money Supply

Option 4: Fiscal Deficit

Question : Identify the incorrect equation.

Option 1: Revenue receipts = Tax revenue (net of State's share) less non-tax revenue

Option 2: Gross fiscal deficit = Total expenditure - (Revenue receipts + Non-debt creating capital receipts)

Option 3: Gross primary deficit = Gross fiscal deficit - Net interest liabilities

Option 4: Revenue deficit = Revenue expenditure - revenue receipts

Question : If the price of a product is first increased by 15% and then decreased by 20%, then what is the percentage change in the price?

Option 1: 5% decrease

Option 2: 8% increase

Option 3: 5% increase

Option 4: 8% decrease