Which one of the following forms the largest share of deficit of Government of India budget ........

Economic Affairs Public Finance and Debt Management

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Which one of the following forms the largest share of deficit of Government of India budget?

Primary deficit

Fiscal deficit

Revenue Deficit

Budgetary deficit

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Explanation:

Fiscal deficit, which is the gap between expenditure and revenue for the entire current fiscal, has been pegged at Rs 5.33 lakh crore or 3.5 percent of GDP. Net tax receipts in April-July period of 2016-17 stood at Rs 2.22 lakh crore, according to Controller General of Accounts (CGA) data, which is quite higher than all other deficits.