Primary Deficit (PD) = __________. (a) Total Expenditure − Total Revenue (b) Fiscal Deficit − Interest Payment (c) Total Revenue Expenditure − Total Revenue Receipts (d) Budget Deficit − Government Market borrowings and liabilities

> > [!TLDR] > Primary Deficit = Fiscal Deficit − Interest Payment — option (b). > > In the Tamil Nadu HSC Class-12 Economics (Fiscal Economics) syllabus, the measures of budget deficit are related as follows: > - **Fiscal Deficit** = Total Expenditure − Total Receipts (excluding borrowings), showing total government borrowing. > - **Primary Deficit** = Fiscal Deficit − Interest Payments. > …

Primary Deficit (PD) = _____. (a) Total Expenditure − Total Revenue (b) Fiscal Deficit − Interest Payment (c)

Question 36 of 42

Q. Primary Deficit (PD) = __________.

(a) Total Expenditure − Total Revenue

(b) Fiscal Deficit − Interest Payment

(d) Budget Deficit − Government Market borrowings and liabilities

Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★

86% · 36/42 Questions

🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

Primary Deficit = Fiscal Deficit − Interest Payment — option (b).

In the Tamil Nadu HSC Class-12 Economics (Fiscal Economics) syllabus, the measures of budget deficit are related as follows:

Fiscal Deficit = Total Expenditure − Total Receipts (excluding borrowings), showing total government borrowing.
Primary Deficit = Fiscal Deficit − Interest Payments. …

Start your 14-day free trial to unlock the full solution →

←Previous questionQ21 — Which of the following is a direct tax? (a) Income tax (b) Excise duty…→Next questionQ23 — What are the functions of Modern State ?

Q.Primary Deficit (PD) = __________.

Concept understanding — Government Budget: Types and Measures of Deficit

Q.Primary Deficit (PD) = __________.

🎓Unlock everything free for 14 days

Unlock everything free for 14 days