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Primary Deficit Explained | Formula, Concept & PYQ| UGC NET Economics #ugcneteconomics #shivanshsir
Important deficit concept from Public Finance 📘 Primary Deficit Measures fiscal gap excluding interest payments Formula Primary Deficit = Fiscal Deficit − Interest Payments (or) Primary Deficit = Total Expenditure (excluding interest) − Total Receipts (excluding borrowings) Core Meaning ⚠️ Shows current fiscal performance of the ...
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