Multiple Choice Questions on Recently the Centre 39 s fiscal deficit for the initial four months of the fiscal year 202........... for IBPS (PO/SO) Preparation

Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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    Recently, the Centre's fiscal deficit for the initial four months of the fiscal year 2023-24 reached ______________percent of the annual target.

    40.35

    Incorrect Answer

    33.9 

    Correct Answer

    35.35

    Incorrect Answer

    37.27

    Incorrect Answer
    Explanation:

    The Centre's fiscal deficit in the first four months of 2023-24 touched 33.9 per cent of the full-year target, government data showed. In absolute terms, the fiscal deficit -- the gap between expenditure and revenue -- was Rs 6.06 lakh crore as of end-July, according to the data released by the Controller General of Accounts (CGA). 


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