Multiple Choice Questions on Which of the following statements is true ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following statements is true ........

Finance (Phase -I & II) Public Finance The union budget
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    Which of the following statements is true?

    Revenue deficit is estimated to be 3.4% of GDP in the budget

    Incorrect Answer

    The fiscal deficit is estimated to be targeted at 3.1% of GDP.

    Incorrect Answer

    In the budget estimates, the target is to prevent the primary deficit to 0.2% of GDP.

    Incorrect Answer

    All the above mentioned statements are correct.

    Correct Answer
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    Explanation:

    The government has set a target to keep revenue deficit at 2.2% of GDP in the budget estimates. The fiscal deficit has been targeted to confine at 3.4% of GDP and primary deficit is targeted to be 0.2% of GDP.

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