Q: 31 (IAS/2025)
question_subject:
Economics
question_exam:
IAS
The gross primary deficit is calculated by subtracting the interest liabilities from the fiscal deficit. Using the provided figures, the calculation is ₹50,000 cr (fiscal deficit) minus ₹1,500 cr (interest liabilities), resulting in a gross primary deficit of ₹48,500 cr. Therefore, the correct option is 1.