Multiple Choice Questions on As per the Union Budget 2021 the fiscal deficit is estimated to be how much percent of the GDP in 20........... for Bihar civil service (BPSC) Preparation

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Multiple Choice Questions

As per the Union Budget 2021 the fiscal deficit is estimated to be how much percent of the GDP in 20...........

Indian Economic System(BPSC) Budgeting and Fiscal policy
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    As per the Union Budget, 2021, the fiscal deficit is estimated to be how much percent of the GDP in 2021-22 

    88% 

    Incorrect Answer

    7.8% 

    Incorrect Answer

    7.6% 

    Incorrect Answer

    6.8% 

    Correct Answer

    None of the above / More than one of the above

    Incorrect Answer
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    Explanation:

    6.8% 

    • Fiscal deficit was targeted at 6.8% of GDP in 2021-22, down from the revised estimate of 9.5% in 2020-21 (4.6% in 2019-20).
    • The government aimed to steadily reduce fiscal deficit to 4.5% of GDP by 2025-26.

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