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

1
Rs. 48,500 crores
2
Rs. 51,500 crores
3
Rs. 58,500 crores
4
None of the above

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