{"id":92246,"date":"2025-06-01T11:18:56","date_gmt":"2025-06-01T11:18:56","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=92246"},"modified":"2025-06-01T11:18:56","modified_gmt":"2025-06-01T11:18:56","slug":"which-of-the-following-statements-about-revenue-and-primary-deficit-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/","title":{"rendered":"Which of the following statements about revenue and primary deficit is"},"content":{"rendered":"<p>Which of the following statements about revenue and primary deficit is\/are correct?<\/p>\n<ul>\n<li>1. Revenue deficit refers to the excess of revenue expenditure over revenue receipts.<\/li>\n<li>2. Primary deficit is measured as fiscal deficit less interest payments.<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below.<\/p>\n<p>[amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; option3=&#8221;Both 1 and 2&#8243; option4=&#8221;Neither 1 nor 2&#8243; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CBI DSP LDCE &#8211; 2023<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cbi-dsp-ldce-2023.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cbi-dsp-ldce-2023\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nThe correct answer is C, meaning both statements are correct.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\n&#8211; Statement 1 is correct. Revenue deficit is defined as the excess of the government&#8217;s total revenue expenditure over its total revenue receipts. It indicates the government&#8217;s dissaving on its current account.<br \/>\n&#8211; Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government&#8217;s borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year&#8217;s expenditure (excluding interest).<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nFiscal deficit is the difference between the government&#8217;s total expenditure and its total receipts (excluding borrowing). A primary deficit of zero indicates that the government is borrowing only to pay interest on previous debts. A positive primary deficit means the government is borrowing even to meet current expenditure requirements beyond interest payments.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following statements about revenue and primary deficit is\/are correct? 1. Revenue deficit refers to the excess of revenue expenditure over revenue receipts. 2. Primary deficit is measured as fiscal deficit less interest payments. Select the correct answer using the code given below. [amp_mcq option1=&#8221;1 only&#8221; option2=&#8221;2 only&#8221; option3=&#8221;Both 1 and 2&#8243; option4=&#8221;Neither &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following statements about revenue and primary deficit is\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/#more-92246\">Detailed Solution<span class=\"screen-reader-text\">Which of the following statements about revenue and primary deficit is<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1086],"tags":[1105,1120,1196],"class_list":["post-92246","post","type-post","status-publish","format-standard","hentry","category-upsc-cbi-dsp-ldce","tag-1105","tag-economic-development","tag-fiscal-policy-revenue","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following statements about revenue and primary deficit is<\/title>\n<meta name=\"description\" content=\"The correct answer is C, meaning both statements are correct. - Statement 1 is correct. Revenue deficit is defined as the excess of the government&#039;s total revenue expenditure over its total revenue receipts. It indicates the government&#039;s dissaving on its current account. - Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government&#039;s borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year&#039;s expenditure (excluding interest).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following statements about revenue and primary deficit is\" \/>\n<meta property=\"og:description\" content=\"The correct answer is C, meaning both statements are correct. - Statement 1 is correct. Revenue deficit is defined as the excess of the government&#039;s total revenue expenditure over its total revenue receipts. It indicates the government&#039;s dissaving on its current account. - Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government&#039;s borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year&#039;s expenditure (excluding interest).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:18:56+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following statements about revenue and primary deficit is","description":"The correct answer is C, meaning both statements are correct. - Statement 1 is correct. Revenue deficit is defined as the excess of the government's total revenue expenditure over its total revenue receipts. It indicates the government's dissaving on its current account. - Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government's borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year's expenditure (excluding interest).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following statements about revenue and primary deficit is","og_description":"The correct answer is C, meaning both statements are correct. - Statement 1 is correct. Revenue deficit is defined as the excess of the government's total revenue expenditure over its total revenue receipts. It indicates the government's dissaving on its current account. - Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government's borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year's expenditure (excluding interest).","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:18:56+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/","name":"Which of the following statements about revenue and primary deficit is","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:18:56+00:00","dateModified":"2025-06-01T11:18:56+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct answer is C, meaning both statements are correct. - Statement 1 is correct. Revenue deficit is defined as the excess of the government's total revenue expenditure over its total revenue receipts. It indicates the government's dissaving on its current account. - Statement 2 is correct. Primary deficit is defined as the fiscal deficit minus interest payments on past borrowings. It indicates the government's borrowing requirement excluding the interest burden from previous debts, showing the deficit for current year's expenditure (excluding interest).","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-statements-about-revenue-and-primary-deficit-is\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CBI DSP LDCE","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cbi-dsp-ldce\/"},{"@type":"ListItem","position":3,"name":"Which of the following statements about revenue and primary deficit is"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=92246"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92246\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=92246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=92246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=92246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}