Debt and Deficit

IMPORTANT

Debt and Deficit: Overview

This topic covers concepts, such as, Fiscal Deficit, Primary Deficit, Ricardian equivalence and Perspectives on Deficits and Debt etc.

Important Questions on Debt and Deficit

EASY
IMPORTANT

What is meant by fiscal deficit?

EASY
IMPORTANT

What is meant by primary deficit?

EASY
IMPORTANT

What is fiscal deficit?

EASY
IMPORTANT

What is revenue deficit in government budget?

MEDIUM
IMPORTANT

Distinguish between the following:

(b) Revenue deficit and Fiscal deficit. 

MEDIUM
IMPORTANT

Distinguish between:

(b) Primary deficit and Revenue deficit.

HARD
IMPORTANT

From the given information, calculate: (a) Revenue Deficit and (b) Fiscal Deficit:

Particular (₹ in Crore)
(i) Tax Revenue  1,200
(ii) Revenue Expenditure 3,700
(iii) Non-tax Revenue 2,000
(iv) Recovery of Loans 145
(v) Capital Expenditure 500
(vi) Disinvestment 120
(vii) Interest Payments 1,070

HARD
IMPORTANT

From the given information, calculate: (a) Revenue Deficit and (b) Fiscal Deficit:

Particular (₹ in Crore)
(i) Tax Revenue  1,200
(ii) Revenue Expenditure 3,700
(iii) Non-tax Revenue 2,000
(iv) Recovery of Loans 145
(v) Capital Expenditure 500
(vi) Disinvestment 120
(vii) Interest Payments 1,070

HARD
IMPORTANT

From the following information, determine: (a) Capital Expenditure and (b) Interest Payments:

Particular (₹ in Crore)
(i) Primary Deficit 8,000
(ii) Fiscal Deficit 11,000
(iii) Non-debt Creating Receipts 9,000
(iv) Revenue Deficit 5,000

HARD
IMPORTANT

From the following information, determine: (a) Capital Expenditure and (b) Interest Payments:

Particular (₹ in Crore)
(i) Primary Deficit 8,000
(ii) Fiscal Deficit 11,000
(iii) Non-debt Creating Receipts 9,000
(iv) Revenue Deficit 5,000

MEDIUM
IMPORTANT

From the given information, calculate:

(a) Revenue Receipts (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ in Crore)
(i) Revenue Deficit 6,000
(ii) Revenue Expenditure 11,000
(iii) Capital Expenditure 14,000
(iv) Non-debt Creating Receipts 8,000
(v) Interest Payments 7,000

HARD
IMPORTANT

From the given information, calculate:

(a) Revenue Receipts (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ in Crore)
(i) Revenue Deficit 6,000
(ii) Revenue Expenditure 11,000
(iii) Capital Expenditure 14,000
(iv) Non-debt Creating Receipts 8,000
(v) Interest Payments 7,000

HARD
IMPORTANT

From the given information, calculate:

(a) Revenue Receipts (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ in Crore)
(i) Revenue Deficit 6,000
(ii) Revenue Expenditure 11,000
(iii) Capital Expenditure 14,000
(iv) Non-debt Creating Receipts 8,000
(v) Interest Payments 7,000

HARD
IMPORTANT

Calculate (a) Revenue Deficit, (b) Fiscal Deficit and (b) Primary Deficit from the following data:

Particular (₹ in Crore)
(i) Revenue Expenditure 45,000
(ii) Borrowings 12,000
(iii) Revenue Receipts 35,000
(iv) Interest Payments 30% of Revenue Deficit

MEDIUM
IMPORTANT

Calculate (a) Revenue Deficit, (b) Fiscal Deficit and (b) Primary Deficit from the following data:

Particular (₹ in Crore)
(i) Revenue Expenditure 45,000
(ii) Borrowings 12,000
(iii) Revenue Receipts 35,000
(iv) Interest Payments 30% of Revenue Deficit

MEDIUM
IMPORTANT

Calculate (a) Revenue Deficit, (b) Fiscal Deficit and (b) Primary Deficit from the following data:

Particular (₹ in Crore)
(i) Revenue Expenditure 45,000
(ii) Borrowings 12,000
(iii) Revenue Receipts 35,000
(iv) Interest Payments 30% of Revenue Deficit

MEDIUM
IMPORTANT

From the following data about a government budget, find (a) Revenue Deficit, (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ Arab)
(i) Tax Revenue 47
(ii) Capital Receipts 34
(iii) Non-tax Revenue 10
(iv) Borrowings 32
(v) Revenue Expenditure 80
(vi) Interest Payments 20

MEDIUM
IMPORTANT

From the following data about a government budget, find (a) Revenue Deficit, (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ Arab)
(i) Tax Revenue 47
(ii) Capital Receipts 34
(iii) Non-tax Revenue 10
(iv) Borrowings 32
(v) Revenue Expenditure 80
(vi) Interest Payments 20

HARD
IMPORTANT

From the following data about a government budget, find (a) Revenue Deficit, (b) Fiscal Deficit, and (c) Primary Deficit:

Particular (₹ Arab)
(i) Tax Revenue 47
(ii) Capital Receipts 34
(iii) Non-tax Revenue 10
(iv) Borrowings 32
(v) Revenue Expenditure 80
(vi) Interest Payments 20

 

MEDIUM
IMPORTANT

The interest payments as per the government budget during a year are 13500 crores, which is 30% of primary deficit. Calculate fiscal deficit?