A country’s fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capital receipts. The country’s interest liabilities are Rs.1,500 crores. What is the gross primary deficit?

UPSC Prelims 2025 Question:

A country's fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capital receipts. The country's interest  liabilities are Rs.1,500 crores. What is the gross primary deficit? 

  • A. Rs.48,500 crores
  • B. Rs.51,500 crores
  • C. Rs.58,500 crores
  • D. None of the above
Correct Answer: Option A