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    Question

    According to the Union Budget 2023-24, consider the following statements. 

    1. Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to 10 lakh crore. 

    2. It would be 3.3 percent of GDP

    3. It will be almost two times the outlay in 2019-20. 

    Which of the above statements is/are correct? 

    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 2 only Correct Answer Incorrect Answer
    E 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    Capital investment outlay is increasing steeply for the third year in a row by 33 per cent to 10 lakh crore, which would be 3.3 percent of GDP. This will be almost three times the outlay in 2019-20.   

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