New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the given statement is not correct about Fiscal

    Management in Budget 2023-24?
    A 50 year Interest Free Loans to States to be spent on Capital Expenditure within 2023-24 Correct Answer Incorrect Answer
    B Part of the loan is conditional on States increasing actual Capital expenditure Correct Answer Incorrect Answer
    C The parts of outlay will be linked to States undertaking several reforms Correct Answer Incorrect Answer
    D Fiscal Deficit of 3.5% of GSDP allowed for States (0.5% tied to Power sector reforms) Correct Answer Incorrect Answer
    E All of the above are correct Correct Answer Incorrect Answer

    Solution

    50 year Interest Free Loans to States to be spent on Capital Expenditure within 2023-24 Part of the loan is conditional on States increasing actual Capital expenditure The parts of outlay will be linked to States undertaking several reforms. Fiscal Deficit of 3.5% of GSDP allowed for States (0.5% tied to Power sector reforms)

    Practice Next