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Question
Which among the following is incorrect?
Options:
A .  The Gross Fiscal Deficit (GFD) of government is the excess of its total expenditures, current and capital, including loans net of recovery, over revenue receipts (including external grants) and non - debt capital receipts
B .  The Net Fiscal Deficit is the Gross Fiscal Deficit reduced by net lending by government
C .  The Gross primary deficit is the GFD less interest payments
D .  None of the above
Answer: Option D
:
D
All these statements are true.

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