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
Correct Answer
B
₹ 51,500 crores
C
₹ 58,500 crores
D
None of the above