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UPSC CSE Prelims 2025 · GS Paper I · Question 65 · Budget, taxation & public finance

किसी देश का राजकोषीय घाटा ₹ 50,000 करोड़ है। इसे गैर-ऋण सर्जक पूँजीगत प्राप्तियों के माध्यम से ₹…

UPSC Civil Services (Preliminary) Examination 2025, General Studies Paper I, Question 65 — Budget, taxation & public finance.

किसी देश का राजकोषीय घाटा ₹ 50,000 करोड़ है। इसे गैर-ऋण सर्जक पूँजीगत प्राप्तियों के माध्यम से ₹ 10,000 करोड़ प्राप्त हो रहे हैं। उस देश की ब्याज देयताएँ ₹ 1,500 करोड़ हैं। उसका सकल प्राथमिक घाटा कितना है?

Read this question in English

A country's fiscal deficit stands at ₹ 50,000 crores. It is receiving ₹ 10,000 crores through non-debt creating capital receipts. The country's interest liabilities are ₹ 1,500 crores. What is the gross primary deficit?

(a) ₹ 48,500 crores · (b) ₹ 51,500 crores · (c) ₹ 58,500 crores · (d) None of the above

उत्तर और व्याख्या · explanation in English

Answer: (a) ₹ 48,500 करोड़

Gross primary deficit = gross fiscal deficit − net interest liabilities = ₹50,000 crore − ₹1,500 crore = ₹48,500 crore. The ₹10,000 crore of non-debt capital receipts is already counted while working out the fiscal deficit, so it is not adjusted again.

  • ✓ (a) 50,000 − 1,500 = ₹48,500 crore, using the primary deficit formula.
  • ✗ (b) ₹51,500 crore adds the interest liabilities instead of subtracting them.
  • ✗ (c) ₹58,500 crore wrongly brings in the ₹10,000 crore of non-debt receipts, which are already reflected in the fiscal deficit.
  • ✗ (d) The correct figure, ₹48,500 crore, is option (a).

Remember · Primary deficit = fiscal deficit − net interest liabilities. Non-debt capital receipts are already netted out inside the fiscal deficit.

📘 Read it in NCERT: Class 12 Introductory Macroeconomics, Ch 5 (practise this chapter) · Class 12 Introductory Macroeconomics, Ch 5 (practise this chapter)

Sources

Question and answer: UPSC's official GS Paper I (2025, Series A) — paper ↗ · answer key ↗. Explanation: Minimalist IAS, checked 30 Sept 2026 (how we verify). ·

Cite this question: UPSC CSE Prelims 2025, Q65 — minimalistias.com/pyqs/prelims/2025/q65

In the UPSC syllabus: Budget, taxation & public finance › Deficits, debt & fiscal policy See it and tick it covered →

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